Sum of manufacturing and waiting time for an order is classified as
A. manufacturing efficiency time
B. manufacturing cycle time
C. responding time
D. value chain time
Answer: Option B
Solution(By Examveda Team)
Sum of manufacturing and waiting time for an order is classified as manufacturing cycle time. Manufacturing cycle time refers to the time required or spent to convert raw materials into finished goods. It is also known as throughput time. Technically, it is the length of time from the start of production to the delivery of the final products.This Question Belongs to Management >> Management Accounting
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