Examlex
Which of the following starts off with the highest risk bond and ends with the lowest risk bond?
Prevention Cost
Expenses incurred to avoid defects in products or services, including costs associated with quality planning, training, and process control.
Finished Products
Goods that have completed the manufacturing process and are ready for sale to customers.
Cell Conversion Cost
The costs, both direct and indirect, associated with converting raw materials into finished goods within a manufacturing cell.
Lean Cell
A workstation or area in manufacturing designed according to lean principles, focusing on minimizing waste and maximizing efficiency.
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