Time-based management is concerned with the elimination of idle time, which generates non-value-added costs in which of the following circumstances?

Question

Quizplus · Accepted Answer

Time-based management aims to eliminate idle time and increase efficiency in all areas of the business, including production, sales, and customer service. Idle time can lead to excess inventory buildup, loss of customers due to delays or poor service, and delays in generating sales revenue. Therefore, all of the given answers are relevant circumstances in which idle time generates non-value-added costs.

Time-Based Management Is Concerned with the Elimination of Idle Time