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Explain CAD/CAM and How It Is Used

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Explain CAD/CAM and how it is used.


Definitions:

Continuous Improvement

An ongoing effort to improve products, services, or processes through incremental and breakthrough improvements.

Non-Value-Added Cost

Expenses that do not add to the value or functionality of a product or service from the perspective of the customer.

Value-Added Cost

The increase in the value of goods or services as a result of a particular activity or process.

Customer Perspective

An approach focusing on understanding and meeting the needs and expectations of customers to improve a company's performance.

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