The following are true about Customer Value in Lean Management, except:

a$.$

Value can be a specific product or service or both simultaneously, which meets a customer$$s need at a specific price at a specific time.

b$.$

Value is defined by the shareholder and the management of the organization.

c$.$

Value as described by the customer can change from time to time.

d$.$

Value is defined by the customer and created by the producer.

e$.$

Value is anything the customer is willing to pay for.

$10$ points