Which statement best describes the Manufacturing Cycle Efficiency (MCE)?
A) As MCE improves, cycle time decreases.
B) MCE takes on values between 0 and 100.
C) MCE is used by manufacturing firms only.
D) The lower the MCE, the more efficient the firm.

Question

Quizplus · Accepted Answer

Manufacturing Cycle Efficiency (MCE) is a measure of how efficiently a manufacturing process is operating. It is calculated by dividing the value-added time by the total cycle time. As MCE improves, the value-added time increases and the non-value added time decreases, resulting in a reduction in cycle time.

Which Statement Best Describes the Manufacturing Cycle Efficiency (MCE)