
Cost Management 6th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
Edition 6ISBN: 978-0078025532
Cost Management 6th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
Edition 6ISBN: 978-0078025532 Exercise 49
One of the purported benefits of moving to a JIT system is improvements in customer response time (CRT). Define the following terms: total customer response time; manufacturing (production) cycle time; cycle-time efficiency; value-added time; and non-value-added time.
Explanation
We might define total customer response ...
Cost Management 6th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
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