The Ratio of the Average Time to Move a Unit

question 13

Short Answer

The ratio of the average time to move a unit through a productive system divided by the value-added time is called the ___________________.

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Definitions:

Owners

Individuals or entities that legally possess something, holding the rights to control and benefit from it.

Stockholders

Individuals or entities that own shares in a corporation, giving them partial ownership and possibly the right to vote on corporate matters.

Profit Responsibility

An organization's focus or obligation to achieve financial gain for its stakeholders or owners.

Seller-oriented Outcomes

Outcomes focused on benefiting the seller, such as increased sales or market share.