What Is the Term for the Time Required to Produce

question 150

Multiple Choice

What is the term for the time required to produce one unit of a product?

• A)efficiency
• B)velocity
• C)speed
• D)cycle time

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Definitions:

National Science Foundation

A United States government agency that supports fundamental research and education in all the non-medical fields of science and engineering.

Noncompetitive Proposal

A proposal with no real competition and hence a high probability of acceptance.

Competitive Proposal

A proposal that has to compete for limited resources.

Legally Binding

A term describing an agreement that is enforceable by law, where all parties have agreed to its terms.