Discuss benefits of value stream mapping


Problem: Which of the following are benefits of Value Stream Mapping (VSM)? (Select all that apply)

  • They help you to understand the flow of products (or services) through a process.
  • They identify key material and information flows
  • A VSM helps you identify key process data (processing times, inventory levels, data sources, etc.)
  • Helps you calculate the correlation of factors

Position and spread are two key features of this tool:

A. Confidence Interval

B. Regression Model

C. Histogram

D. One-Way ANOVA

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