Examlex
Which of the following is an example of clipping?
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.
Residual Income
Residual income is the amount of income that an individual or business has after all personal debts and expenses, including a mortgage, have been paid.
Divisions
Distinct business units or sections within a company, each responsible for certain aspects of the organization's operations.
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