Total manufacturing time is multiplied to manufacturing cycle efficiency to calculate
A. manufacturing cycle efficiency
B. value added manufacturing time
C. responding time
D. delivery time
Answer: Option B
Solution(By Examveda Team)
Total manufacturing time is multiplied to manufacturing cycle efficiency to calculate value added manufacturing time. Value added time is the processes and activities in the production or manufacturing process that improve the product or add usefulness to it.Related Questions on Management Accounting
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
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