Waste reduction
What Waste reduction means in Economics B A-Level, as defined for Pearson Edexcel.
Definitions of Waste reduction
Exam boards and our study guides word this term in slightly different ways. Learn the version your board uses.
Check what you remember
Read the wording for your board, then hide it and explain Waste reduction in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Systematically reducing waste through continuous improvement, leading to lower unit costs and enhanced competitiveness.
Minimising time, materials and effort, which allows a business to lower its unit costs significantly.
Topics that use Waste reduction
- Efficiency and competitiveness using lean production (Pearson Edexcel A-Level)
Related terms
- Buffer stock
- Competitive advantage
- Efficiency
- Employee empowerment
- Just in time (JIT)
- Kaizen
- Lean production
- Quality control
Using Waste reduction in the exam
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