ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Value stream mapping means:
A
Sketching how a factory runs.
B
Calculating the value of a factory against its costs.
C
Drawing a map of a factory, highlighting the most value increasing areas.
D
None of the above
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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