Ok Corporation Keeps Careful Track of the Time Required to Fill

question 68

Multiple Choice

Ok Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: The manufacturing cycle efficiency (MCE) was closest to:

• A)0.47
• B)0.02
• C)0.07
• D)0.12

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Definitions:

Floor Space

The total area available or used for a specific purpose within a building, often measured in square feet or meters.

Service Department

A division within a company that provides support services to other departments or divisions, rather than producing goods or services for external customers.

Investment Center Managers

Executives responsible for a business unit or division's operations and financial results, including revenue, expenses, and invested capital.

Performance Measures

Metrics used to assess and track the efficiency, effectiveness, and productivity of an organization or its employees.