Which of the Following Statements Is Correct Concerning the Elements

question 60

Multiple Choice

Which of the following statements is correct concerning the elements of cycle time?

• A) Move time is the time spent moving (1) raw materials from storage to production and (2) goods in process from factory location to another factory location.
• B) Inspection time is the time spent producing the product.
• C) Process time is considered non-value-added time.
• D) Wait time is considered value-added time.
• E) Cycle efficiency is the ratio of non-value-added time to total cycle time.

---

Definitions:

Stare Decisis

A legal doctrine stating that courts should follow precedents established by previous decisions when the same points arise again in litigation.

Legal System

The framework of rules, institutions, and practices that control the way in which a society regulates individual and collective conduct.

Federal Statutory Laws

Laws enacted by the United States Congress that apply to everyone in the United States.

U.S. Constitutional Rights

Rights afforded to individuals in the United States through the Constitution, including freedom of speech, religion, and the press, as well as the right to due process and equal protection under the law.