Which of the following is the correct formula for calculating cycle time?
A. Process time ? inspection time ? move time ? wait time.
B. Process time ? inspection time + move time + wait time.
C. Process time + inspection time ? move time ? wait time.
D. Process time + inspection time + move time ? wait time.
E. Process time + inspection time + move time + wait time.
Answer: E
You might also like to view...
Swatch surveyed the market and identified an unserved segment of watch buyers. Using these results, they created a watch at a price consumers were willing to pay. The unorthodox order of this marketing mix decision is an example of ________
A) competition-based pricing B) cost-plus pricing C) target costing D) value pricing E) penetration pricing
A high PEG ratio implies a high growth rate in earnings relative to the stock's price
Indicate whether the statement is true or false.
Web-based collaboration tools (e.g., GSS) can assist in multiple stages of decision making, not just the intelligence phase
Indicate whether the statement is true or false
How can a large firm foster an entrepreneurial spirit within the organization?
A) Follow the accepted wisdom of the department or industry. B) Require all employees to be innovators. C) Increase the size and funding for the Research and Development department. D) Reward risky behavior that might lead to innovation. E) Include team behaviors on performance reviews.