Which of the following statements about process efficiency is FALSE? A process is efficient if it...

Which of the following statements about process efficiency is FALSE?

A process is efficient if it is able to achieve a high flow rate with few resources.
Cost of direct labor goes up if flow rate goes up
Revenue goes up if flow rate goes up
Cycle time goes up if flow rate goes down.

Solutions

Expert Solution

The correct option is Cost of direct labor goes up if flow rate goes up

Reasoning :-

Cost of direct labor = Wages per unit of time/ Flow Rate

So when flow rate increases, the cost of direct labor will decrease and vice versa.

Do give a positive rating if you think this answer helped

Amanda K answered 1 year ago

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