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  2. Flight operations quality assurance - Wikipedia

    en.wikipedia.org/wiki/Flight_Operations_Quality...

    The agency's Air Transportation Operations Inspector's Handbook (FAA Order 8400.10, August 9, 2006) details what a valid FOQA system contains. An excerpt from Volume 1, Chapter 5, Section 2, page 1-221 of this FAA document states: "Flight Operational Quality Assurance (FOQA) is a voluntary safety program designed to improve aviation safety ...

  3. Operational efficiency - Wikipedia

    en.wikipedia.org/wiki/Operational_efficiency

    An explanation of the difference between efficiency and (total factor) productivity is found in "An Introduction to Efficiency and Productivity Analysis". [1] To complicate the meaning, operational excellence , which is about continuous improvement, not limited to efficiency, is occasionally used when meaning operational efficiency.

  4. X-inefficiency - Wikipedia

    en.wikipedia.org/wiki/X-inefficiency

    The difference between the actual and minimum cost of production for a given output produces X-inefficiency. [1] Companies will incur X-Inefficiency as a result of lack of motivation to control its costs, which brings the average cost of production exceeds costs actually required for production. For example, the company have a potential ...

  5. Value engineering - Wikipedia

    en.wikipedia.org/wiki/Value_engineering

    Value engineering can lead to the substitution of lower-cost materials, as with the exterior cladding that accelerated the Grenfell Tower fire in London. [1] [2]Value engineering (VE) is a systematic analysis of the functions of various components and materials to lower the cost of goods, products and services with a tolerable loss of performance or functionality.

  6. Cost reduction - Wikipedia

    en.wikipedia.org/wiki/Cost_reduction

    Every decision in the product development process affects cost: design is typically considered to account for 70–80% of the final cost of a project such as an engineering project [1] or the construction of a building. [2] In the public sector, cost reduction programs can be used where income is reduced or to reduce debt levels. [3]

  7. James P. Kelly - Pay Pals - The Huffington Post

    data.huffingtonpost.com/paypals/james-p-kelly

    From January 2008 to December 2012, if you bought shares in companies when James P. Kelly joined the board, and sold them when he left, you would have a -16.1 percent return on your investment, compared to a -2.8 percent return from the S&P 500.

  8. Design for logistics - Wikipedia

    en.wikipedia.org/wiki/Design_for_logistics

    Design for logistics is a series of concepts in the field of supply chain management involving product and design approaches that help to control logistics costs and increase customer service level. These concepts were introduced by Professor Hau Lee of Stanford University , and have the three key components: Economic packaging and ...

  9. Richard G. Tilghman - Pay Pals - The Huffington Post

    data.huffingtonpost.com/paypals/richard-g-tilghman

    From January 2008 to December 2012, if you bought shares in companies when Richard G. Tilghman joined the board, and sold them when he left, you would have a 1.4 percent return on your investment, compared to a -2.8 percent return from the S&P 500.