Reduction in Cycle Time of a Process Leads to Improvement

question 12

True/False

Reduction in cycle time of a process leads to improvement in quality of products as it reduces the potential for mistakes and errors.

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Definitions:

Self-fulfilling Prophecy

A phenomenon where an initially inaccurate expectation leads to actions that cause the expectation to come true, thereby confirming its own accuracy.

Outcome Expectancy

An individual's belief about the likelihood that a specific behavior or action will lead to a particular outcome.

Optimistic Bias

The tendency to believe that one is less likely to experience negative events and more likely to experience positive events compared to others.

Pessimistic Bias

The tendency to overestimate the likelihood of negative outcomes or events happening in the future.