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On discovering an improperly adjusted drill press, Jack Joyner, Director of Quality Control, ordered an inspection of every fifth casting drilled during the evening shift.Jack is ordering a ___________________.
Cost Reduction
The process of cutting expenses to improve profitability without compromising the quality or availability of goods and services.
Customer Value
The perception of what a product or service is worth to a customer versus the possible alternatives, often influencing their loyalty and purchasing behavior.
Average Cycle Time
The average duration it takes to complete a process from start to finish, often used in manufacturing and project management.
Total Processing Time
The complete amount of time required to finish a task or process from start to end.
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