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Discuss the purpose and key features of a value stream map (VSM).
Employees
Individuals who work part-time or full-time under a contract of employment, whether oral or written, express or implied, and have recognized rights and duties.
Monthly Sales
The total revenue or units sold by a business in one calendar month.
Bonus Plan
An incentive scheme that rewards employees with extra payments in addition to their regular salary based on performance.
Significantly Increased
A statistical term describing when an observed value or statistic shows a substantial and unlikely to occur by chance increase from a baseline or reference value.
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