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You have just studied the raw material acquisition process within your organization. Through a Value Stream Analysis, you have determined that the process time is
You have just studied the raw material acquisition process within your organization.
Through a Value Stream Analysis, you have determined that the process time is comprised with the following elements (a) CVA of 2.5 hour (b) BVA of 2 hours, and (c) NVA of 7 hours.
What is the PCE of the process? How does this compare to other transactional processes?
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