Topical Terminology > Kaizen Costing
1 Definition
Kaizen Costing
For Kaizen Costing we have a term and definition in Accounting.
Kaizen Costing (Accounting) 
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.
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