Process velocity is the ratio of the total throughput time to the value added time.

Name: Process velocity is the ratio of the total throughput time to the value added time.
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Process velocity is a measure of efficiency in a process, and it is calculated by dividing the total throughput time (time spent on non-value added activities such as waiting, errors, and rework) by the value added time (time spent on activities that directly contribute to the production of a product or service).

Process Velocity Is the Ratio of the Total Throughput Time