Related term
Efficiency
Meeting customer requirements exactly with the minimum amount of resources. See : Overproduction, Seven Wastes.
View termWhat is Capital Linearity?
A philosophy of designing and buying machinery that makes it possible to add or subtract small increments of capacity as demand changes.
Meaning and application in management
A philosophy of designing and buying machinery that makes it possible to add or subtract small increments of capacity as demand changes. As a result, the amount of capital required per part produced can be kept nearly level (linear). See : Labor Linearity, Monument, Right-Sized Tools.
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