Examlex
When scheduling an appointment with a prospect, it's best not to specify the amount of time needed for the meeting because it may limit the salesperson's time with that prospect.
Turnover
Sales divided by average operating assets.
Manufacturing Cycle Efficiency
A metric that measures the efficiency of the manufacturing process by comparing the value-added production time to the total production time.
Non-value-added Time
Time spent in the production process that does not contribute to the end product's value or quality, often targeted for reduction in lean manufacturing practices.
Throughput Time
The amount of time it takes for a product to pass through a production process, from start to finish, including processing, inspection, and transit times.
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