A manufacturing cycle efficiency (MCE) ratio close to 1.00 is desirable because this is the ratio of value-added time to throughput time.
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Q5: ROI and residual income are tools used
Q6: Inspection Time is generally considered to be
Q7: Process Time is the only non-value-added component
Q8: Suppose a company evaluates divisional performance using
Q9: Return on investment is superior to residual
Q11: Residual income is the net operating income
Q12: Net operating income is income after interest
Q13: Margin equals net operating income divided by
Q14: Average operating assets is used in the
Q15: All other things being the same, a
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