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A retail chain is applying Lean principles to its checkout process. Requirements: Calculate the Checkout Process Cycle Time for a store that averages 500 transactions
- A retail chain is applying Lean principles to its checkout process.
- Requirements:
- Calculate the Checkout Process Cycle Time for a store that averages 500 transactions per day, with an average time per transaction of 3 minutes.
- Propose ways to reduce Cycle Time.
- Discuss how reducing Cycle Time aligns with Lean principles in retail operations.
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