Analyzing Process Flow and Eliminating Waste Is Referred to as

question 53

Multiple Choice

Analyzing process flow and eliminating waste is referred to as

• A)just-in-time.
• B)the Toyota Production System.
• C)value stream mapping
• D)total productive maintenance.

---

Definitions:

International Trade Partner

A country or entity with which another country exchanges goods and services across international borders.

Currency Imbalances

Situations arising from disproportionate levels of supply and demand in different countries, leading to destabilizing fluctuations in exchange rates.

World Trade Flows

The movement or exchange of goods, services, and capital across international borders, influenced by global supply and demand dynamics.

Interdependencies

Mutual reliance between two or more entities, where each depends on the others for success or functionality.