Production Under a Value Stream Analysis System Is Based on Customer

question 63

True/False

Production under a value stream analysis system is based on customer demand.

---

Definitions:

Population Distribution

The spread of people across locations, often analyzed for understanding demographics or economic conditions.

Skewed

describes a distribution that is not symmetrical, with a longer tail on one side of the peak than the other.

Normal Distribution

A probability distribution that is symmetrical around the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.

Standard Deviation

Standard deviation is a measure of the dispersion or variability of a set of data points around their mean, indicating how spread out the data points are.