Cycle Times, Engineering Efficiency, and New Product Time Are Sample

question 46

Multiple Choice

Cycle times, engineering efficiency, and new product time are sample measures of _____.

• A) learning
• B) internal process improvement
• C) innovation
• D) financial performance review
• E) customer satisfaction

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Definitions:

Operating Leverage

A measure of how sensitive a company's operating income is to a change in its sales volume.

Labor-saving Equipment

Tools or machinery designed to reduce the amount of labor needed to perform a job, often leading to enhanced efficiency and lower labor costs.

Analytical Technique

Methods or procedures used to systematically analyze data or solve problems through logical reasoning and empirical evidence.

DFL-EPS Analysis

DFL-EPS Analysis assesses the effect of financial leverage on a company’s earnings per share, showing how earnings fluctuate with sales changes.