Machine time:
The time that machine is working on a product. Machine time is the time that machine is working on a product.
Machine Cycle Time:
Machine cycle time is the average time of completed units coming out of the machine.
Example :
In 6 working hours, machine is producing 6 product then cycle machine cycle time is 1 Hour. And machine time is 6 hours.
Machine Cycle time : Total machine cycle time / Units produced