Examlex
The decision rule for the profitability index is that any project with ________ is an acceptable project.
Continuous Improvement
A continuous endeavor to enhance products, services, or processes through both small and significant advancements.
TQM Tools
A set of methodologies and practices aimed at improving the quality of products and processes within an organization, part of Total Quality Management.
Line Employees
Workers directly involved in the production or delivery of products and services, as opposed to those in management or administrative roles.
Six Sigma
A set of techniques and tools for process improvement aimed at enhancing the quality and efficiency of operational processes.
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