Click to watch the Tell Me More Learning Objective 1 video and then answer the questions below. 1. measures the time interval between when a product enters production (started) and when it is completed (finished). a. Product life cycle b. Operating cycle c. Lead time d. None of these choices are correct. 2. All of the following are lead time terms and classifications except time. a. operating cycle b. value-added c. non-value-added d. within-batch wait 3. If manufacturing processes are organized around a product, the company has a layout. a. manufacturing-oriented b. product-oriented c. process-oriented d. None of these choices are correct. 4. The last step in Six Sigma is a. define b. control c. analyze d. improve

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter13: The Balanced Scorecard: Strategic-based Control
Section: Chapter Questions
Problem 11E: The following if-then statements were taken from a Balanced Scorecard: a. If employee capabilities...
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Click to watch the Tell Me More Learning Objective 1 video and then answer the questions below.

Click to watch the Tell Me More Learning Objective 1 video and then answer the questions below.
1.
measures the time interval between when a product enters production (started) and
when it is completed (finished).
a. Product life cycle
b. Operating cycle
c. Lead time
d. None of these choices are correct.
2. All of the following are lead time terms and classifications except
time.
a. operating cycle
b. value-added
c. non-value-added
d. within-batch wait
3. If manufacturing processes are organized around a product, the company has a
layout.
a. manufacturing-oriented
b. product-oriented
c. process-oriented
d. None of these choices are correct.
4. The last step in Six Sigma is
a. define
b. control
c. analyze
d. improve
Transcribed Image Text:Click to watch the Tell Me More Learning Objective 1 video and then answer the questions below. 1. measures the time interval between when a product enters production (started) and when it is completed (finished). a. Product life cycle b. Operating cycle c. Lead time d. None of these choices are correct. 2. All of the following are lead time terms and classifications except time. a. operating cycle b. value-added c. non-value-added d. within-batch wait 3. If manufacturing processes are organized around a product, the company has a layout. a. manufacturing-oriented b. product-oriented c. process-oriented d. None of these choices are correct. 4. The last step in Six Sigma is a. define b. control c. analyze d. improve
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