The Effort to Reduce Costs of Existing Products and Processes

question 31

Multiple Choice

The effort to reduce costs of existing products and processes is named:

• A)Activity reduction
• B)Activity elimination
• C)Activity selection
• D)Kaizen costing

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Definitions:

Buttermilk

A slightly sour liquid left after butter has been churned, used in baking or consumed as a drink.

Shelf

A flat, horizontal surface or board designed for the storage and display of items.

Presupposed Conditions

Implicit assumptions or prerequisites believed to be true, forming the basis upon which further ideas, policies, or actions are built.

Allocate Delivery

Allocate Delivery refers to the process of assigning specific goods or services to be delivered as part of the fulfillment of a contract or agreement.