ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Decision making is part of the Cycle Time Reduction strategy
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true
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false
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Shorter cycle times lead to faster innovation, greater customer satisfaction, and substantial savings. To reduce cycle times, teams need a system that maximizes productivity and delivers value quickly without leading to burnout.
Detailed explanation-2: -Faster Cycle Times lead to faster delivery and enable teams to better support customer demand. Measuring Cycle Time makes it easier to improve current processes by identifying friction that causes long cycle times.
There is 1 question to complete.