When Value Stream Mapping, Which Metric Is Essential to Measure

question 13

Multiple Choice

When value stream mapping, which metric is essential to measure for each step?

• A) Cost of delay
• B) Delay divided by duration
• C) Key group comparison
• D) Percentage complete and accurate
• E) Work-in-Progress (WiP)

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Definitions:

1924

The year 1924 marks a period in history with events and developments across various domains, including politics, arts, and sciences.

Western Electric

A historical American electrical engineering and manufacturing company that played a significant role in the development and growth of the telecommunications industry.

Human Relations Theory

A concept in management emphasizing the importance of social processes in the workplace, including communication and employee needs, for enhancing productivity.

Wagner Act

A foundational piece of U.S. labor law enacted in 1935 that established the rights of workers to form unions and engage in collective bargaining.