Which of the following statements is correct concerning the elements of cycle time?
A) Process time is considered non-value-added time.
B) Wait time is considered value-added time.
C) Inspection time is the time spent producing the product.
D) Cycle efficiency is the ratio of non-value-added time to total cycle time.
E) 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.

Question

Quizplus · Accepted Answer

Move time is correctly described as the time spent moving raw materials and goods in process within the factory.

Which of the Following Statements Is Correct Concerning the Elements