Which of the following statements is true? 1. Throughput time is the amount of time required to move a completed unit from the factory floor to the warehouse. Il. A manufacturing cycle efficiency (MCE) of less than one is impossible. III. Inspection Time is generally considered to be value-added time. Multiple Choice All of the statements are true. Both statements I and Il are true. O None of the statements are true. Both statements Il and Ill are true