Businesses are achieving sustained competitive advantage with better management of time. Management are making decisions faster, developing
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Businesses are achieving sustained competitive advantage with better management of time. Management are making decisions faster, developing new products faster, and converting customer orders into deliveries sooner than the competition. On the other hand, decisions that will result in a significant increase in average manufacturing cycle time could affect revenues and expenses.
Explain the impact an increase in average manufacturing cycle time would have on operating income and do the same for a decrease in average manufacturing cycle time.
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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