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What is the process cycle efficiency of a 2-hour meeting if it took you 2 minutes to schedule the meeting in the online calendar tool and 8 minutes to write the agenda and e-mail it to participants?
A) 90%
B) 8%
C) 92%
D) 96%Correct answer is C.
Value Add Time = 2 hours = 120 mins
Non-Value Add Time = 2 + 8 = 10 mins
Total Cycle Time = 120 + 10 = 130 minsProcess Efficiency = 120 / 130 = 92%
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