ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Value stream mapping means:
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Sketching how a factory runs.
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Calculating the value of a factory against its costs.
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Drawing a map of a factory, highlighting the most value increasing areas.
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None of the above
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Explanation:
Detailed explanation-1: -Answer : A value stream reflects all that is done to bring the product to customer Explanation 1)value stream is a lean manufacturing techniq…
Detailed explanation-2: -This map is typically created by observing the flow of information and material in the system then communicating it. Each value stream map has three key sections: information flow, product flow, and time ladder.
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