If a company has a manufacturing cycle efficiency (MCE) of less than 1, what does it mean?

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If a company has a manufacturing cycle efficiency (MCE) of less than 1, what does it mean? How would you interpret an MCE of 0.40?

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Managerial Accounting

ISBN: 978-0697789938

13th Edition

Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer

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Question Posted: Jun 29, 2011 06:20 AM

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If a company has a manufacturing cycle efficiency (MCE) of less than 1, what does it mean?

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An MCE of less than 1 means that the production pro...View the full answer

Managerial Accounting

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