A Value-Stream Map Includes Both (1)inventory Quantities,and (2)symbols for Customers

question 102

True/False

A value-stream map includes both (1)inventory quantities,and (2)symbols for customers and suppliers.

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Definitions:

Intermediate Products

Goods that are produced in one manufacturing process but are used as inputs in another, not yet final products.

Common Input

A resource, such as raw materials or labor, that is shared among different processes or production lines within manufacturing or service delivery.

Further Processing

Additional operations carried out on a product to enhance its value before final sale.

Split-off Point

The stage in a production process where multiple products are generated from a common input and can further be processed or sold separately.