Examlex
Mccubbin Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: The delivery cycle time was:
Scrap Rates
The percentage of materials or products that are discarded because they are not up to the required standards or specifications.
Continuous Improvement
A sustained endeavor to refine products, services, or processes through gradual and revolutionary enhancements.
Performance Management
Is a continuous process of identifying, measuring, and developing the performance of individuals and teams, through genuine feedback, mentoring and training, and ensuring alignment of every single job in the organisation with the strategic goals of the organisation.
High Standards
The principles or criteria that must be met to achieve excellence or superior quality in a task, product, or behavior.
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