Examlex
The conventional project life cycle can be described as a pattern characterized by ____________.
Value-Added Ratio
The proportion of time spent on non-waste activities in the production process.
Appraisal Cost
A quality control cost incurred to identify defective products before they are shipped to customers, including costs of inspections and testing.
Non-Value-Added
Activities or processes that increase the cost of a product without enhancing its value to the customer.
Prevention Cost
The costs incurred to prevent defects in products or services, including costs related to quality planning, training, and process control.
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