Examlex
Answer the following questions :
-World Bank
Order Cycle Time
The total time that elapses from the moment a customer places an order until they receive their purchase.
Cycle Time Length
The total time from the beginning to the end of your process, as defined by you and your customer. It measures the time taken to complete a single process cycle effectively.
Activity-Based Costing
A costing method that identifies activities in an organization and assigns the cost of each activity to all products and services according to the actual consumption by each.
Profitability
An indicator of a business's ability to generate earnings compared to its expenses and other relevant costs incurred during a specific period of time.
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