Which phrase best describes order cycle time?

Order cycle time refers specifically to the total duration from the moment raw materials are received until the finished product is completed and ready for delivery. This concept encompasses all the stages of production, including processing time, assembly, quality checks, and any other necessary steps that contribute to bringing a product from its raw state to a market-ready condition.

It captures the efficiency and speed of the production process. By understanding order cycle time, companies can identify bottlenecks, improve workflow, and enhance customer satisfaction by reducing delivery times. The other options do not reflect the comprehensive nature of order cycle time related to production processes—innovative time and team meetings pertain to organizational efficiency but do not address the flow of materials and production, while training time focuses on employee development rather than the manufacturing timeline.