Kaizen costing focuses on the continuous reduction of manufacturing costs of existing products and processes.

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Kaizen costing is a cost-reduction strategy that focuses on continuous improvements in manufacturing processes and products to reduce costs. It involves the analysis of the existing system, identification of areas for improvement, and implementation of small, incremental changes to eliminate waste, improve efficiency, and reduce costs over time. Kaizen costing emphasizes the involvement of all employees in the process of identifying and implementing cost-saving measures.

Kaizen Costing Focuses on the Continuous Reduction of Manufacturing Costs