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What Is the Function of Continuous Quality Improvement

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What is the function of Continuous Quality Improvement?


Definitions:

Total Cost

The sum of all expenses incurred in the production of goods or services, including fixed and variable costs.

Monthly Production Volume

The total quantity of goods produced by a business in a month, often analyzed to gauge efficiency, plan inventory needs, or assess production capacity.

Total Cost

The sum of all expenses incurred in the production of goods or services, including both fixed and variable costs.

Mixed Cost

Expenses that have both fixed and variable components, changing partially in response to an alteration in business activity level.

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