One of the Aims of Value Stream Mapping to Eliminate

question 5

True/False

One of the aims of value stream mapping to eliminate waste in a process.

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Definitions:

Use Of Money

The concept referring to the opportunity cost of holding money without earning interest, or the benefits foregone by not investing or spending it.

Investment

The allocation of resources, usually financial, in the expectation of a future return. This can include investing in stocks, bonds, real estate, or other financial assets.

Payments For Capital

The returns or disbursements made to fund providers in a business, typically in the form of interest or dividends.

Investment

The allocation of resources, usually money, with the expectation of generating an income or profit.