Waste is identified as anything that does not add value to a product or process. Lean measurements reveal waste in processes. Which of these statements is incorrect concerning guidelines for lean measurements?
A)What gets measured in lean gets done.
B)Flow requires measuring process times.
C)Financial measurements can substitute for lean metrics.
D)Lean measurements should be real-time measurements, not averages over months, quarters, or years.

Question

Quizplus · Accepted Answer

Financial measurements cannot be substituted for lean metrics. Financial measures are reported after the fact as a result. A financial indicator cannot be used to lean a process; it can only be used to show the result.

Waste Is Identified as Anything That Does Not Add Value