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Sucharzewski Corporation's management keeps track of the time it takes to process orders.During the most recent month,the following average times were recorded per order: Required:
a.Compute the throughput time.
b.Compute the manufacturing cycle efficiency (MCE).
c.What percentage of the production time is spent in non-value-added activities?
d.Compute the delivery cycle time.
Technological Conditions
The state of available technology and its influence on a company's operations, capabilities, and industry environment.
Competition
A situation in which two or more parties strive for a goal that cannot be shared, such as a market that cannot support everyone.
General Environment
The broad external conditions that affect organizations and industries, including economic, legal, technological, and cultural factors.
Managerial Decision Making
The process by which managers select among available options to solve problems and take advantage of opportunities to achieve organizational goals.
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