Examlex
Which of the following statements are true, and which are false? Briefly explain your answers.
Utilization
The ratio of the time a resource is actually used to the time it is available for use, measured as a percentage, indicating the efficiency of the resource use.
Flow Time
The total time it takes for a product to move through a production process, from start to finish.
Work Centre
A specific location where work tasks are performed in a manufacturing or operations setting, often characterized by specific types of processes or equipment.
Average Completion Time
Refers to the average amount of time taken to complete a task or process.
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