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Q12. Please state the formula of MCE (manufacturing cycle efficiency) and OEE (overall equipment effectiveness). Answer: MCE= OEE = Q13. Please briefly state the definitions

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Q12. Please state the formula of MCE (manufacturing cycle efficiency) and OEE (overall equipment effectiveness). Answer: MCE= OEE = Q13. Please briefly state the definitions of ROI (return on investment), RI (residual income), EVA (economic value added), ROS (return on sales). Answer: ROI= RI= EVA = ROS= Q14. How is management control distinguished from objective setting and strategy formulation? Please fill in the blank. Management functions are separated along a process involving objective setting, strategy formulation, and management control. Management control is the back end of the management process. Management control has the same meaning as the terms and strategy

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