________ are all the value-added activities needed to design,manufacture,and deliver a given product or product line to customers.
A)Design quality
B)Time driver
C)Value streams
D)Economic order quantity
E)External failure costing

Question

Quizplus · Accepted Answer

Value streams are all the value-added activities needed to design, manufacture, and deliver a given product or product line to customers. This includes everything from product design to procurement of materials, production, and delivery. By analyzing and streamlining these value streams, companies can improve efficiency, reduce waste, and increase profitability. Design quality (A) refers to the level of quality in a product or service. Time driver (B) is a term used in activity-based costing to describe activities that consume time and drive costs. Economic order quantity (D) is the optimal order size that minimizes total inventory costs. External failure costing (E) refers to the costs incurred when a product fails after it has been delivered to the customer.

________ Are All the Value-Added Activities Needed to Design,manufacture,and Deliver