The Ratio of Value-Added Processing Time to Total Manufacturing Cycle

question 129

Multiple Choice

The ratio of value-added processing time to total manufacturing cycle time is referred to as

• A)Manufacturing cycle efficiency.
• B)Manufacturing cycle ratio.
• C)Throughput efficiency.
• D)Delivery cycle ratio.

Identify strategies to minimize logistics costs while maintaining or improving customer service.

Comprehend the function and benefits of cross-docking in supply chain management.

Analyze the trade-offs between supply chain efficiency and responsiveness.

Grasp the components of total logistics cost and how they relate to customer service.

---

Definitions:

Great Depression

A severe worldwide economic downturn that took place during the 1930s, marked by high unemployment, acute deflation, and distress in industrialized countries.

Unequal Distribution of Wealth

A situation where economic resources and wealth are not shared equally among individuals or groups within a society, leading to disparities in living standards and opportunities.

Government Aid

Financial or other assistance provided by a government to individuals, organizations, or other governments in need, which may include subsidies, grants, or disaster relief.

Unemployed

The condition of not having employment while being ready to work.