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Manufacturing Metrics MSSC | Questions with 100% Correct Answers | Updated 2023

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What type of objective is a measurable goal that allows a company to determine if it is being successfully? - ✔✔Performance Which metric drives wage decisions? - ✔✔Value added per employee ... Machine utilization is a productivity metric used to measure the percentage of time a machine _____________. - ✔✔Runs What is the measure of the amount of product produced compared to the amount that could be produced under ideal conditions? - ✔✔Production efficiency Overall performance objectives are achieved by the actions of the companies ______________. - ✔✔Employees What is the most basic productivity metric? - ✔✔Parts produced in an hour by human or machine An important statistic is calculated by dividing the number of parts produced by the number of hours worked. This statistic is called? - ✔✔Labor productivity [Show More]

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