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Technically, World War II began in China.
Return On Investment
Return on Investment (ROI) is a performance measure used to evaluate the efficiency or profitability of an investment compared to its cost.
Residual Income
The income that remains after subtracting all required costs of capital from operating profit.
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.
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