KAIZEN COSTING Definition

Bookmark and Share

KAIZEN COSTING means "improvements in small steps" (i.e., continuous improvement). It was developed in Japan by Yashuhiro Monden. Kaizen Costing is applied to product that it already under production.

Learn new Accounting Terms

CONTRIBUTION see CONTRIBUTION MARGIN.

STORAGE can be: a. a depository for goods, e.g. a stockroom or warehouse; b. the process of storing information in a computer memory or on a magnetic tape or disk; or c. an electronic memory device.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.