Question
Download Solution PDFThe rate at which the entire organization generates money through sales for a product or service is
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFExplanation:-
- The rate at which the entire organization generates money through sales for a product or service is called Throughput.
- Manufacturing throughput time is the amount of time required for a product to pass through a manufacturing process, thereby being converted from raw materials into finished goods.
Important Points
- Operating expenses are the costs involved in running the day-to-day operations of a company
- Inventory is the term for the goods available for sale and raw materials used to produce goods available for sale.
- Takt time is the average time between the start of production of one unit and the start of production of the next unit.
Last updated on Jun 7, 2025
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