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What is cycle time, meaning & definition?
The period required to complete one cycle of an operation; or to complete a function, job, or task from start to finish. Cycle time is used in differentiating total duration of a process from its run time.
Cycle time is used differently by various professionals.
For Accountant , accounting cycle is transaction cycle from journal entry to final accounts.
for Sales, starting negotiation with customer to closing the deal.
for production, a time to complete one production run.