What is value stream mapping? How is it related to JIT and lean manufacturing?

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Supply Chain Focused Manufacturing Planning and Control

ISBN: 978-1133586715

1st edition

Authors: W. C. Benton

See More Books

Question Posted: Mar 25, 2016 07:05 AM

See More Questions

What is value stream mapping and why is it important?
Why is value stream mapping such a critical first step in a companys move toward a lean approach to operations?
The manager at Ormonde, Inc. collected the value stream mapping data from the plants most problematic manufacturing cell that fabricates parts for washing machines. This data is shown in Table. Using...
The Carter Caterer Company must have the following number of clean napkins available at the beginning of each of the next four days: day 1, 1500; day 2, 1200; day 3, 1800; day 4, 600. After being...
On September 10, R. Casson issued a 120-day, 6 percent note, dated September 10, to Swan Construction, a creditor, for $ 9,600. Write the entries in general journal form to record the following...
Match the letter next to each form of business with the appropriate items in the following list of advantages and disadvantages. You may use a letter more than once. Use the form provided in your...
How can Nucor still be so profitable even though steelworkers can earn as much as $100,000 in salary and bonuses in a given year? LO.1
Calloway Cab Company determines its break-even strictly on the basis of cash expenditures related to fixed costs. Its total fixed costs are $450,000, but 5 percent of this value is represented by...
Work, you noticed the cost of goods sold and Ending inventory were not caleulaten lavencory sale and purchase information from company logs: Work done by the Accountant
On October 1, 2018, Jenco signed a four-year, $100,000 note payable to Vicksburg State Bank in conjunction with the purchase of equipment. The note calls for interest at an annual rate of 12 percent...
Discuss the eight types of waste. Based on your experiences, give a specific example of each type.
How is muda related to kaizen? How did JIT evolve into continuous improvement?
(a) Describe the body location of each of the following endocrine organs: anterior pituitary, pineal gland, pancreas, ovaries, testes, and adrenal glands. (b) List the hormones produced by each organ.
Saskatchewan Soy Products (SSP) buys soy beans and processes them into other soy products. Each tonne of soy beans that SSP purchases for $300 can be converted for an additional $200 into 500 lbs of...
Pharoah Acres sponsors a defined-benefit pension plan. The corporation's actuary provides the following information about the plan: January 1, 2025 December 31, 2025 Vested benefit obligation $510...
Company panther is compelled to pick between two machines An and B. The two machines are planned in an unexpected way, yet have indistinguishable limit and do the very same work. Machine A costs...
On April 30, 2023, a company issued $600,000 worth of 5% bonds at par. The term of the bonds is 9 years, with interest payable semi- annually on October 31 and April 30. The year-end of the company...
Identify the following; MethodBodyReturn statementReturn typeParameter Look at this example we saw in our Methods lesson: public double findTheArea (double length, double w idth) { double area =...
Documentary materials under the Private Protection Act is defined to include which of the following: a. Printed material b. Films and videos c. Computer recorded cards, tapes, and discs d. All of the...
Repeat Exercise 16.6 using the t-test of the coefficient of correlation. Is this result identical to the one you produced in Exercise 16.6?
What are the assumptions of the EOQ model?
What are the two major costs considered in the EOQ model? Why is the total purchase price not a factor affecting the order quantity?
Discuss whether the EOQ model is still useful if a small error was made while estimating one of the cost parameters used in the EOQ computation.
How do warehouses and distribution centers differ? What is cross-docking and why might a company choose to cross-dock a product? What kinds of products can be delivered electronically? What kinds...
Strawberry Inc. has historically been an all-equity firm. The analyst expects EBIT to be $1.5B in perpetuity starting one year from now. The cost of equity for the company is 11.5% and the tax rate...
Guzman company received a 60- day, 5 % note for 54,000 dated July 12 from a customer on account. Determine the due date on note. Determine the maturity value of the note and journalize the entry of...

What is value stream mapping? How is it related to JIT and lean manufacturing?

Question:

Step by Step Answer:

It is a technique to create a visual map of every work element involv...View the full answer

Supply Chain Focused Manufacturing Planning and Control

Students also viewed these Management Leadership questions