Identifying Value Streams May Be Accomplished by Using a Two-Dimensional

question 166

Essay

Identifying value streams may be accomplished by using a two-dimensional matrix where __________ are listed on one dimension, and __________ on a second dimension.
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Definitions:

Canals and Steamboats

Key components of the early industrial transportation network, where canals allowed for the movement of goods through waterways and steamboats provided powerful and reliable river transportation.

Erie Canal

A canal in New York, completed in 1825, connecting the Hudson River at Albany to Lake Erie at Buffalo, significantly contributing to the development and expansion of the United States by improving transportation.

Competing Ports

Refers to the rivalry between different ports to attract shipping and trade, often influencing economic development, trade routes, and geopolitical strategies.

Trade

The action of buying and selling goods and services between entities or countries.