Final answer:
The correct answer is that Takt time only depends on demand, not capacity, whereas cycle time depends on capacity. Takt time is related to meeting customer demand and cycle time to the production process efficiency.
Step-by-step explanation:
The correct statement about takt time and cycle time is: A. Takt time only depends on demand, not capacity. Cycle time does depend on capacity. Takt time is the rate at which a finished product needs to be completed to meet customer demand. It is calculated by dividing the total available production time by the customer's required quantity. On the other hand, cycle time is the total time from the beginning to the end of a process, which means it is the actual time it takes to produce a single unit.
Cycle time therefore does depend on the efficiency and capacity of the production process. Recognizing the differences between these two metrics is essential for optimizing production efficiency and meeting customer demands.