Examlex
In the 1:10:100 Rule, which of the following would be correct?
Setup Time
The amount of time required to prepare equipment, machinery, or systems for operation or production.
Manufacturing Cycle Efficiency
A measure of the efficiency of the production process, typically calculated as the value-added time as a proportion of the total throughput time.
Value-Added Time
The duration during which a product or service is being modified or enhanced to increase its value to the customer.
Throughput Time
The elapsed time from when production is started until finished goods are shipped.
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