Which of the Following Questions Is Not Answered by Value

question 54

Multiple Choice

Which of the following questions is not answered by value stream mapping?

• A)Where does waste occur?
• B)Which processes have to deal with the most variability?
• C)Where are the best opportunities to extract more value from customers?
• D)Where are process bottlenecks?
• E)Where do errors occur?

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Definitions:

Fertility-Rate Calculations

The computation of the average number of children that would be born to a woman over her lifetime in a specific population.

Replacement Rate

In economics, the ratio of a person's retirement income to their pre-retirement income, often focused on social security benefits.

Populations

Groups of individuals of the same species living and interacting within a specific area.

Total Demand

The entire quantity of a good or service that all consumers in a market are willing and able to purchase at a given price over a specific time period.