1. What are nonvalue-added activities? Nonvalue-added costs? Give an example of each.
2. Identify and define four different ways to manage activities so that costs can be reduced.
3. What is cycle time? Velocity?
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1. What are nonvalue-added activities? Nonvalue-added costs? Give an example of each.
2. Identify and define four different ways to manage activities so that costs can be reduced.
3. What is cycle time? Velocity?