Which of the following statements is true? I. Move time is considered non-value-added time. II....

70.2K

Verified Solution

Question

Accounting

Which of the following statements is true?

I. Move time is considered non-value-added time.

II. If the MCE is equal to 0.6, then 60% of the time a unit is in process is spent on activities that add value to the product.

III. A manager would generally like to see a trend indicating a decrease in setup time.

(A.) Only statement I is true.

(B.) Both statements II and III are true.

(C.) All of the statements are true.

(D.) None of the statements are true.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students