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Describe Value-Stream Mapping

question 43

Essay

Describe Value-stream mapping.Explain how it is different from process mapping.


Definitions:

Slack Adjuster Stroke

The distance a slack adjuster moves to apply the brakes in a vehicle, important for the proper functioning of the braking system.

Variance

A statistical measurement of the dispersion of a set of data points, often used to quantify risk.

Investment

Utilizing financial resources with the anticipation of accruing income or profits.

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