Match each of the following terms with their correct description from the items listed below.* Each term may be used more than once, and it is possible that one or more of the classifications may not be used at all.
-An activity that increases the time spent on or cost of a product or service without increasing its worth to the customer
A)Cycle time
B)Non-value-added
C)Velocity
D)Quality
E)Value-added activities
F)Efficiency

Question

Quizplus · Accepted Answer

Non-value-added activities are those that do not add value to the product or service, but increase its costs or time spent.

Answer: E 
 Value-added activities are those that directly contribute to the worth of the product or service from the customer's perspective.

Answer: A 
 Cycle time is the time it takes to complete a process, including both value-added and non-value-added activities.

Answer: D 
 Quality refers to the degree to which the product or service meets the customer's expectations and requirements.

Answer: F 
 Efficiency is a measure of how well resources (including time and cost) are used in performing a process.

Answer: C 
 Velocity refers to the rate at which a process is completed or the speed at which it moves, which may or may not be related to value-added activities.

Match Each of the Following Terms with Their Correct Description