Vidyalelo
Management · Q51

Management Accounting

Graduate and Post Graduate · Management · question 51

Q51

Sum of manufacturing and waiting time for an order is classified as

A.
manufacturing efficiency time
B.
manufacturing cycle time
Answer
C.
responding time
D.
value chain time

Answer: Option B

Solution

Answer: Option B
Solution:
Sum of manufacturing and waiting time for an order is classified as manufacturing cycle time. Manufacturing cycle time refers to the time required or spent to convert raw materials into finished goods. It is also known as throughput time. Technically, it is the length of time from the start of production to the delivery of the final products.