Examlex
Capital budgeting decisions can only involve mutually exclusive projects.
Design for Manufacturing
An approach to product design that simplifies the manufacturing process, aiming to reduce production costs and improve the product's manufacturability.
Continuous Improvement
A relentless pursuit to better products, services, or processes with both minor and radical upgrades.
Quality Circle
A group of workers who voluntarily meet to discuss and suggest improvements in work processes, typically within a manufacturing context.
Creative Potential
The capacity or ability to generate innovative ideas and solutions.
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