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Frank's manufacturing firm has determined that the industry standard process velocity time is 15 seconds. Frank's OM engineer has determined that their process velocity time is 17 seconds with a throughput time of 136 seconds. If the throughput time cannot be changed, what, how much, and by which direction does the value added time need to change so Frank's manufacturing can match the industry standard process velocity?
Federal Elections Commission
A federal agency created to regulate the financing of political campaigns in the United States.
Federal Courts
Courts of law under the national government of the United States, responsible for interpreting federal laws, including the Constitution, and adjudicating disputes.
Soft Money
Political funding directed to a party or organization for general political activities, not directly tied to the support of specific candidates, and less regulated by law.
Federal Election Campaign Act
A United States federal law designed to increase transparency and regulate the spending on political campaigns and elections.
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