Examlex
Which of the following is an example of a subjective performance measure?
Margin
The difference between the selling price of a product and the cost of the product, representing profitability.
Sales
The total revenue earned from the sale of goods or services related to a company's primary operations.
Manufacturing Cycle Efficiency
A measure of the efficiency of the production process, calculated as value-added time divided by the total cycle time.
Value-added Time
The period during which a product or service is being modified or enhanced to increase its value to the customer.
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