Question: Non-value-added activities in a process I) increase the flow time II) decrease the flow time III) decrease the cost of production IV) increase the cost

Non-value-added activities in a process I) increase the flow time II) decrease the flow time III) decrease the cost of production IV) increase the cost of production Which of the above statement(s) is(are) correct?

II and III only

I and IV only

I only

I and III only

IV only

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