What is standard cycle time in SAP MFG-ME - SAP Manufacturing Execution?

SAP Term: standard cycle time

• Component: MFG-ME

• Component Name: SAP Manufacturing Execution

• Description: The total time a unit spends at an operation. Standard cycle time = production time/production rate + wait time.

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• Key Concepts: 
  Standard cycle time is a term used in SAP Manufacturing Execution (MFG-ME) to refer to the amount of time it takes to complete a specific manufacturing process. It is used to measure the efficiency of a production process and can be used to compare different processes. 
  
  How to use it: 
  Standard cycle time is calculated by measuring the total time it takes for a process to be completed from start to finish. This includes the time it takes for materials to be gathered, the time it takes for the process itself, and the time it takes for the finished product to be packaged and shipped. The standard cycle time can then be used to compare different processes and identify areas where improvements can be made. 
  
  Tips & Tricks: 
  When calculating standard cycle time, it is important to take into account any delays that may occur during the process. This includes delays due to machine breakdowns, material shortages, or other unexpected events. By accounting for these delays, you can get a more accurate picture of how efficient your production process is. 
  
  Related Information: 
  Standard cycle time is closely related to other terms such as throughput time and lead time. Throughput time is the total amount of time it takes for a product or service to move through a system from start to finish, while lead time is the amount of time it takes for an order to be completed from when it was placed. Both of these terms are important when measuring the efficiency of a production process.