In Value Stream Mapping, the Flow Diagram That Depicts the Process

question 46

Multiple Choice

In value stream mapping, the flow diagram that depicts the process and shows the times and resources used at each step and the time delay between each step is called a/an _____.

• A) anticipated state map
• B) future state map
• C) ideal state map
• D) current state map
• E) None of the above.

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Definitions:

Chinese Tire Imports

Refers to the importation of tires from China into other countries, which has often been a point of trade and tariff discussions.

Protectionism

The practice of shielding one or more industries within a country’s economy from foreign competition through the use of tariffs or quotas.

Anticompetitive Export Subsidies

Financial support from a government to domestic businesses that unfairly disadvantages competitors in international markets.

Tariffs

Taxes imposed on imported goods to increase their price and protect domestic industries.