Examlex
If the first unit in a series of units takes 200 days to complete, and the learning curve is 80%, then the second unit will take 160 days.
Turnover
A metric indicating the rate at which a company's inventory is sold and replaced over a given period.
Combined Turnover
A financial ratio that combines and assesses two or more turnover metrics, such as inventory turnover and receivables turnover, to evaluate the efficiency of a business's operations.
Investment Opportunity
A potential financial investment that could generate a return or gain.
Manufacturing Cycle Efficiency (MCE)
Process (value-added) time as a percentage of throughput time.
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