What Is the Ratio of the Average Time to Move

question 48

Short Answer

What is the ratio of the average time to move a unit through a productive system divided by the value-added time?

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Definitions:

Combined Financial Statements

Financial statements that present the assets, liabilities, and operating results of two or more affiliated companies as if they were a single economic entity.

Consolidated Financial Statements

Combined financial statements of a parent company and its subsidiaries, presenting the financial position and results of operations as one entity.

Consolidated Financial Statements

Financial statements that aggregate the financials of a parent company with those of its subsidiaries.

Relevant Activities

Activities of the investee that significantly affect the investee’s returns.