Mathematics · Percentage and Business Aptitude
AquaCorp undertook a Process Innovation for its equipment procurement process, which originally took 6 weeks (30 working days). The goal was to reduce this time by 40%. The implementation of a supplier e-portal is expected to: 1. Reduce bid solicitation time by 70% (originally 10 days). 2. Eliminate manual compliance check time entirely (originally 5 days). 3. Keep the remaining 15 days of technical review and final sanction unchanged. What is the target lead time reduction (%), the actual lead time after innovation, and the actual lead time reduction (%)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Target Reduction: 40%; Actual Lead Time: 18 days; Actual Reduction: 40%
- 2Target Reduction: 40%; Actual Lead Time: 18 days; Actual Reduction: 40%✓
- 3Target Reduction: 40%; Actual Lead Time: 22 days; Actual Reduction: 26.67%
- 4Target Reduction: 40%; Actual Lead Time: 17 days; Actual Reduction: 43.33%
Correct answer
Target Reduction: 40%; Actual Lead Time: 18 days; Actual Reduction: 40%
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Percentage and Business Aptitude MCQs →Want more practice questions on Percentage and Business Aptitude?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Percentage and Business Aptitude