What Does CRC Stand For?
CRC stands for Cost Reduction Curve
The Cost Reduction Curve (CRC) is a strategic framework used to analyze and optimize the cost structure of a business or project over time. It illustrates the relationship between effort and expense, highlighting how investments in efficiency and innovation can lead to significant reductions in costs. By mapping out the trajectory of cost savings, the CRC aids organizations in identifying key opportunities for improvement, fostering better financial decision-making, and enhancing overall profitability.
Added on 14th April 2008 | Last edited on 16th June 2025 | Edit Acronym
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