Ongoing Efforts to Reduce Costs,increase Product Quality,and/or Improve Production Process

question 131

Multiple Choice

Ongoing efforts to reduce costs,increase product quality,and/or improve production process once manufacturing has begun is known as

• A)cost management.
• B)kaizen costing.
• C)target costing.
• D)life-cycle costing.

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Definitions:

Lexical Decision Task

A task in which an experimental participant is presented with letter strings and asked to judge, as quickly as possible, whether the strings form words.

Schemata

Frameworks for organizing and representing knowledge that contain roles, variables, and fixed parts.

Prototype View

A theory in cognitive science that suggests people categorize objects and ideas by comparing them to an internal "best example" or prototype of a category.

Exemplar View

a theory in cognitive psychology suggesting that individuals categorize objects and ideas by comparing new experiences to specific examples stored in memory.