Value Stream Mapping Flashcards
1
Q
Value stream analysis
A
Planning tool to optimize results of Eliminating waste
2
Q
Observe the flow
A
Begin at shipping and work upstream
3
Q
Information flow drawn
A
Right to left
4
Q
Material movements
A
Pushed
5
Q
Production lead time
A
Time takes for a part to make its way through shop floor beginning with raw materials
6
Q
Inventory lead time formula
A
Inventory quantity/ daily customer requirement
7
Q
Value stream mapping
A
Hands on process to create a graphical representation of the process, material and information flows in a value stream
