Which of the following statements about cycle time is not true?
A) Cycle time refers to the total elapsed time from the beginning of a process to its end.
B) Shorter cycle times mean that problems are caught earlier in the process.
C) Finding ways to reduce cycle time often means finding ways to simplify production steps.
D) The fewer steps in a production process, the more likely that an error will occur.
E) Information systems can help reduce cycle time.
Question 2
You are the production manager for a manufacturer of bicycle parts. Which of the following tools or technologies would you use to improve production precision?
A) Value chain
B) CAD software
C) Benchmarking
D) Industry best practices
E) Porter's competitive forces model