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please help with explanation EXHIBIT 14.14 Model of Customer-Response Time (CRT) Order Customer Order Order places manufactured delivered received by order for Order is product

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EXHIBIT 14.14 Model of Customer-Response Time (CRT) Order Customer Order Order places manufactured delivered received by order for Order is product becomes finished good product manufacturing set up Customer Manufacturing Waiting time time Receipt Delivery Manufacturing lead time time time Customer response time Also called processing time. t Also called manufacturing (production) cycle time

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