The Ramos Company Collected the Following Information (In Days) -
What Is the Manufacturing Cycle Efficiency?
A) 87

question 8

Multiple Choice

The Ramos Company collected the following information (in days) :
$$\begin{array} { | l | r | } \hline \text { Transporting product } & 4.0 \\\hline \text { Manufacturing product } & 28.0 \\\hline \text { Inspecting product } & 1.5 \\\hline \text { Storing product } & 6.0 \\\hline\end{array}$$
-
What is the manufacturing cycle efficiency?

• A) 87.5%.
• B) 82.4%.
• C) 70.9%.
• D) 17.6%.

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Definitions:

American Economy

The economic system of the United States characterized by a mixture of private and public enterprises, a high level of technological innovation, and a relatively high GDP per capita.

Largest

The term "largest" can denote the highest in size, amount, degree, or significance in a particular context, but without a specific subject, its meaning remains general.

Fastest Growing

Describes sectors, industries, or economies that are increasing in size or value at the most rapid pace.

Family Farms

Agricultural operations owned and operated by families, typically involving multiple generations working together.