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Based on instinct theory, which one of the following is true?
Throughput Time
The amount of time taken for a product to pass through all stages of production from start to finish, including processing time, wait time, and move time.
Manufacturing Cycle Efficiency
A metric that measures the efficiency of the manufacturing process, calculated as the value-added time divided by the total cycle time.
Non-Value-Added
Activities or processes that do not add value to the product or service from the customer's perspective, leading to unnecessary costs.
Delivery Cycle Time
The total time taken from when a customer order is placed until the order is delivered, including all processing, manufacturing, and shipping times.
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