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Definitions:
Manufacturing Cycle Efficiency (MCE)
A metric that measures the efficiency of the manufacturing process, specifically the proportion of value-added time to total production time.
Throughput Time
The total time taken to manufacture a product from start to finish, including processing, waiting, and transport times.
Investment Opportunity
A situation or venture that presents the potential for financial gain, often requiring an initial outlay of capital.
Margin
The difference between the selling price of a product or service and the cost of producing or purchasing it, expressed as a percentage of sales.
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