waste minimisation
What waste minimisation means in Business A-Level, as defined for AQA.
Definition of waste minimisation
Check what you remember
Read the wording for your board, then hide it and explain waste minimisation in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Stripping out anything a customer would not pay for, whether that is stock sitting in a warehouse, time spent waiting, or units made twice.
Topics that use waste minimisation
- Making operational decisions to improve performance: increasing efficiency and productivity (AQA A-Level)
Related terms
- average rate of return
- break-even output
- buffer stock
- capacity utilisation
- capital intensive
- gearing
- labour intensive
- payback period
Using waste minimisation in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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