Total factor productivity is the value of goods and services divided by the cost of providing them.
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Q34: The throughput time ratio is the ratio
Q35: Cycle time is the time from the
Q36: New product development time is the period
Q37: The throughput time ratio measures the relative
Q38: Effective production management results in higher cycle
Q40: Practical capacity is always more than theoretical
Q41: The highest possible value of the throughput
Q42: The objective of just-in-time (JIT) is to
Q43: Just-in-time (JIT) processes have short cycle times.
Q44: Inventory carrying costs include receiving, handling, storage
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