Examlex
The monetary base does NOT include
Flow Time
The total time it takes for a product to move through a production process, from start to finish.
Work Centre
A specific location where work tasks are performed in a manufacturing or operations setting, often characterized by specific types of processes or equipment.
Average Completion Time
Refers to the average amount of time taken to complete a task or process.
Total Processing Time
The sum of the time periods required to complete all stages of a manufacturing or production process.
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