Examlex
What is the difference between a fence-sitter and a floater? What impact do they have on the results of a survey? Should researchers include neutral responses when designing a survey? Why or why not?
Work In Process
Items or materials that are in the process of being manufactured but have not yet been completed.
Direct Labor Account
An account that tracks the cost of workers who are directly involved in the production of goods or services.
Lean Manufacturing
A systematic method for waste minimization within manufacturing systems without sacrificing productivity.
Zero Defects
A management philosophy aiming at reducing and ideally eliminating defects and errors in manufacturing and service processes.
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