Cycle efficiency is the ratio of value-added time to total cycle time.

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Quizplus · Accepted Answer

Cycle efficiency is indeed the ratio of value-added time to total cycle time. Value-added time refers to the time spent on activities that directly contribute to creating value for the customer, while total cycle time includes both value-added and non-value-added activities. Therefore, cycle efficiency is a measure of how efficiently the value is being added to the product or service being delivered.

Cycle Efficiency Is the Ratio of Value-Added Time to Total