is the management philosophy and strategy focused on creatin
     is the management philosophy and strategy focused on creating value for the d. Costs incurred to avoid poor-quaity good or services are ·focuses on activities as fundamental building blocks in compling the indirect costs of products, services, and customers. are costs incurred when defects in poor-quality goods or services are corrected before making delivery to customers. rl is a Japanese word meaning \"change for the better.\"  
  
  Solution
Answer. a) Manufacturing cycle time
Answer. b) lean thinking
Answer. c) Batch Level Activites
Answer. d) Prevention costs
Answer. e) Activity-Based management
Answer. f) Downtime
Answer. g) Product-Level Activities
Answer. h) Activity based costing
Answer. i) Internal failure costs
Answer. j) Unit level costs
Answer. k) External failure costs
Answer. l) Facility level activities
Answer. m) Kaizen
Answer. n) Appraisal costs
Answer. o) Takt time

