Explain cycle time as it relates to business processes

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In your own words please explain cycle time as it relates to business processes. Why is cycle time important to the management of business processes, and how does cycle time relate to concepts like productivity and capacity utilization? Please note: These questions were already answered in the past. However, I would like your own definition as you understood cycle time, why is it important and how it relates to capacity utilization.

Reference no: EM132083689

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