Week 12 - Chapter 7 - Measuring and Managing Process Performance

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  1. What is a cycle time?
    The time it takes to produce a product from start to finish.
  2. What is the average contribution margin ratio?
    Percentage of each sales dollar that represents the contribution margin.
  3. What is the annual inventory holding (financing) cost?
    Opportunity cost of capital
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Week 12 - Chapter 7 - Measuring and Managing Process Performance
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Measuring and Managing Process Performance
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