The formula to calculate the delivery cycle time is:
\[ \text{DCT} = \text{WT} + \text{TT} \]
Where:
A delivery cycle time is defined as the total amount of time it takes for a customer to receive an item once ordered. It includes both the average wait time and the total throughput time, providing a comprehensive measure of the efficiency of the delivery process.
Let's assume the following values:
Using the formula:
\[ \text{DCT} = 5 + 10 = 15 \, \text{days} \]
The delivery cycle time is 15 days.
Let's assume the following values:
Using the formula:
\[ \text{DCT} = 3 + 7 = 10 \, \text{days} \]
The delivery cycle time is 10 days.