A Value Stream Map

question 2

Multiple Choice

A value stream map:

• A)Can only be used in manufacturing facilities
• B)May also be used for service providers
• C)Shows the flow of materials and information with suppliers shown on the left of the diagram and customers on the right
• D)Both B and C

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Definitions:

Usage

The manner and frequency with which a product or service is used by consumers.

Operational Decision

A choice made in the day-to-day functioning of a company that affects how tasks and activities are performed.

Transportation

The movement of goods from one location to another, which can influence cost, efficiency, and delivery times in the supply chain.

Supply Chain

The network of all entities involved in producing and delivering a product or service, from raw materials to the end consumer, critical for operational efficiency.