Question: An e-commerce company is analyzing its order fulfillment process. Determine the Value-Added Time and Non-Value-Added Time for processing an order. The Value-Added Time is 10

An e-commerce company is analyzing its order fulfillment process. Determine the Value-Added Time and Non-Value-Added Time for processing an order. The Value-Added Time is 10 minutes, and the Non-Value-Added Time is 5 minutes. Suggest methods to eliminate Non-Value-Added Time and justify the importance of reducing it in Lean accounting.

Requirements:

Calculate the Value-Added Time.
Calculate the Non-Value-Added Time.
Suggest methods to eliminate Non-Value-Added Time.
Justify the importance of reducing Non-Value-Added Time in Lean accounting.

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