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The Following Box Scorecard Template Was Prepared for a Value  This Weak  Last Weak  (1/5/20X1)  Desired Future State \begin{array} { l l } & \text { This Weak } \\\text { Last Weak } & \text { (1/5/20X1) }&\text { Desired Future State }\end{array}

question 48

Essay

The following Box Scorecard template was prepared for a value stream at Coston Company:
 This Weak  Last Weak  (1/5/20X1)  Desired Future State \begin{array} { l l } & \text { This Weak } \\\text { Last Weak } & \text { (1/5/20X1) }&\text { Desired Future State }\end{array} Operational
Units per person
On-time delivery
Dock-to-dock days
First-time through
Average product cost
Capacity
Productive
Nonproductive
Available
Financial
Weekly sales
Weekly material cost
Weekly conversion cost
Weekly value-stream profit
ROS
1. How many nonfinancial measures are there?
2. What are the three dimensions of a lean firm? Give an example of each.
3. What targets could be set for the planned state?
4. What role does capacity play in a value stream? Contrast value-added and non-value-added activities.
5. What is the financial impact of becoming lean?

Understand the distinction between emotional intelligence and intelligence quotient.
Recognize the components and importance of emotional intelligence.
Gain insight on Howard Gardner’s theory of multiple intelligences.
Understand the role of emotional awareness and management in personal success and relationships.

Definitions:

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Explicit permission granted through clear and unquestionable language or action, particularly in legal and medical contexts.

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