Which of the following statements is correct concerning the elements of cycle time?
A)Move time is the time spent moving (1)raw materials from storage to production and (2)goods in process from one factory location to another factory location.
B)Inspection time is the time spent producing the product.
C)Process time is considered non-value-added time.
D)Wait time is considered value-added time.
E)Cycle efficiency is the ratio of non-value-added time to total cycle time.

Question

Quizplus · Accepted Answer

Move time is the time spent moving raw materials and goods in process. Inspection time is the time spent inspecting the product. Process time is the time spent adding value to the product. Wait time is considered non-value-added time. Cycle efficiency is the ratio of value-added time to total cycle time. Move time is considered non-value-added time, but it is still an element of cycle time. Therefore, statement A is the only correct statement.

Which of the Following Statements Is Correct Concerning the Elements