The manufacturing cycle efficiency is: * , Round off to 2 decimal places; Sample format: 11.11% NUBD Co. produces an item that gives rise to the following activities: Activity Processing (two departments) Inspecting Rework Moving (three moves) Waiting (for the second process) Storage (before delivery to the customer) 24 hrs | Time 1,500 mins. 2 hrs 1 hrs 6 hrs 18 hrs

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Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.