Value Stream Mapping
A) is a variation on time function mapping
B) examines the supply chain to determine where value is added
C) extends time function mapping back to the supplier
D) starts with the customer and works backwards
E) All of the above are true.

Question

Quizplus · Accepted Answer

Value Stream Mapping is a lean-management method for analyzing the current state and designing a future state for the series of events that take a product or service from its beginning through to the customer. It indeed is a variation on time function mapping (A), examines the supply chain to determine where value is added (B), extends time function mapping back to the supplier (C), and starts with the customer and works backwards (D), making all of the provided statements true.