In kaizen costing, each period's kaizen standard is based on prior periods' improvements, thereby locking in these improvements.

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Kaizen costing is a continuous improvement approach that involves making ongoing small improvements to production processes, products or services. Each period's kaizen standard is based on prior periods' improvements, thereby locking in these improvements and building on them in the next period. This leads to a gradual reduction in costs and improvement in quality over time.

In Kaizen Costing, Each Period's Kaizen Standard Is Based on Prior