Mel Torme,sales manager for Hokque,Inc.has received numerous customer complaints about the length of time it takes to receive an order.He has gathered the following information from a recent order to help him understand the issue.
a.Calculate the delivery cycle time for the order.
b.Calculate the manufacturing time for the order.
c.Calculate the value-added time for the order.
d.Calculate the manufacturing cycle efficiency.
Definitions:
Economic Sense
Implies making decisions or taking actions that are financially prudent, cost-effective, or beneficial for the financial health of an organization or individual.
Oral Warning
A verbal caution given to an employee regarding their performance or behavior that does not meet the required standards.
Documented
Information, actions, or processes that have been recorded in writing or another permanent form for official reference or evidence.
Disciplinary Action
Measures taken by an employer to correct an employee's behavior or performance problems, ranging from verbal warnings to termination.
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