Examlex
________ summarizes the results of the basic operating activities of a company.
Raw Materials
The basic substances or components used in the manufacturing or production process to create goods and products.
Cycle Efficiency
A measure of the effectiveness of a production process in terms of minimizing waste and maximizing productivity within a given time frame.
Cycle Time
The total time taken from the start to the finish of a production process or operation.
Move Time
The time taken to transfer materials from one stage of production to another or from one department to another within a manufacturing process.
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