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Question
16 multiple choice 2 points the acronym, \timwood\ is a helpful aid in remembering which of the following? the types process improvement the goals of lean manufacturing the types of process waste the inventor of six sigma 17 fill in the blank 2 points according to lean methodology, a choose your answer... is the series of activities that an organization performs to produce a good or service. choose your answer... are hidden along this value stream. 18 multiple choice 2 points the internet makes customers ____ powerful; this is a ____ pressure. more; societal more; market less; market less; societal
- For question 16: TIMWOOD is a mnemonic specifically for the 8 types of waste in Lean Manufacturing (Transportation, Inventory, Motion, Waiting, Overproduction, Over-processing, Defects, Skills).
- For question 17: In Lean Methodology, the value stream is the full set of activities to create a product/service, and wastes are the non-value-added elements hidden within it.
- For question 18: The internet gives customers more access to information and options, making them more powerful, which is a market pressure as it directly impacts market dynamics and competition.
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