Examlex
If what is occurring in China continues for two more decades,China may move from third-world to industrial superpower status even more rapidly than Japan did.
Machine Hours
A measure of production output or activity based on the number of hours machinery is in operation, used in cost accounting to allocate expenses to products.
Cost of Quality Report
A detailed report that quantifies the total cost of quality-related efforts and deficiencies.
Activity Costs
The expenses associated with a specific business activity or operation.
Lean Manufacturing
A planned procedure for cutting down on waste in manufacturing operations without negatively affecting productivity.
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