Identification of a "value stream," pursuit of perfection, and making value flow without interruption are examples of
A) total quality management.
B) activity-based costing.
C) principles of lean thinking.
D) kanban processing.

Question

Quizplus · Accepted Answer

Identification of a "value stream," pursuit of perfection, and making value flow without interruption are key principles of lean thinking, which is focused on eliminating waste and creating value for the customer. Total quality management and kanban processing are related to specific techniques and tools within the Lean methodology, but do not encompass its overall principles. Activity-based costing is a cost accounting technique and is not related to Lean methodology.

Identification of a "Value Stream," Pursuit of Perfection, and Making