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Processed Further
Processed Further describes materials or products that undergo additional manufacturing or development stages to add value before final sale.
Manufacturing Cycle Efficiency
A measure of the efficiency of the production process, calculated as the ratio of value-added time to the total cycle time.
Non-value-added Time
Time that does not contribute directly to the final value or quality of the product or service, often seen as a target for reduction in process improvement efforts.
Throughput Time
The elapsed time from when production is started until finished goods are shipped.
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