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In a payback analysis,the ____ Costs are the Cumulative Time-Adjusted Costs plus the Cumulative Time-Adjusted Benefits for each year.
Production System
A system that encompasses all activities, resources, and processes involved in the production of goods or services.
Toyota Production System
A highly efficient and integrated approach to production and manufacturing, emphasizing waste reduction, continuous improvement, and customer focus.
Built-in
Embedded or integrated directly into something, not separate or removable.
Automatic Tests
Tests that are executed by software tools which automatically perform a set of instructions to validate the behaviour or performance of an application or system.
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