Objective 7 Flashcards

Value Streams and Practices

1
Q

A method of visualizing the flow from demand or opportunity to value, and then planning how that flow can be improved.

A

Value Stream Mapping

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2
Q

Every value stream starts with ______ and ends with _____.

A

demand, value

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3
Q

Value stream mapping includes __________, ________, and ___________.

A

assessment, planning, improvement

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4
Q

Seeks to maximize customer value while minimizing waste

A

Lean

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