What is value stream analysis and why do organizations use it?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (16 reviews)
Value stream analysis is the process of analyzing business p...View the full answer
Answered By
Sagar Kumar
I am Mechanical Engineer with CGPA of 3.98 out of 4.00 from Pakistan. I went to Government Boys Degree College, Sehwan for high school studies.
I appeared in NUST Entrance Exam for admission in university and ranked #516. My mathematics are excellent and I have participated in many math competitions and also won many of them. Recently, I participated in International Youth Math Challenge and was awarded with Gold Honor. Now, I am also an ambassador at International Youth Math Challenge,
I have been teaching when I was in 9th class class year 2012. I have taught students from 6th class to university level.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Cost Management Measuring Monitoring and Motivating Performance
ISBN: 978-0470769423
2nd edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott
Question Posted:
Students also viewed these Managerial Accounting questions
-
What is publicity, and why do organizations use it?
-
What is value stream mapping and why is it important?
-
Why do organizations use supplier certification? What are its benefits?
-
Is informing the consumer about any toxic substances used in the manufacture of a product sufficient to produce an efficient level of toxic substance use for that product? Why or why not?
-
1. Discuss the various reference groups that have influence over Maxwells appreciation (or lack of appreciation as the case may be) of The Beatles and their music. 2. Discuss the importance of...
-
What is the Unified Process (UP)?
-
What is the effect on output of replacing high minimum prices with grants to farmers unrelated to current production?
-
Surreal Sound, Inc., manufactures and sells compact disks. Price and cost data are as follows: Selling price per unit (package of two CDs).................. $ 25.00 Variable costs per unit: Direct...
-
Suppose an empirical study finds a negative correlation between income and cigarette smoking. a. Offer one reason why this relationship could represent a causal effect of income on smoking. b. Offer...
-
Consider the following pep9 trap: DECI number,d What 'd' refers in the above instruction? a) direct mode b) read(or input) decimal number c) read(or input) integer d) print( or output) decimal number
-
Explain market-based pricing and explain where managers and accountants can find information that would help them set prices using this type of approach.
-
Describe the use of lean accounting applied to cellular manufacturing teams.
-
Assuming the use of a two-column general journal, a purchases journal, and a cash payments journal as illustrated in this chapter, indicate the journal in which each of the following transactions...
-
The following are different measurements used by organizations for project managers and team members. Which two represent a Critical Chain philosophy? a. Accuracy of task time estimates b. Do your...
-
What are the different types of unmodified audit opinions?
-
Two project managers are looking for the same resource to perform work on their projects. In one project, the work is on a task on a feeding path, in which the feeding buffer is 95 percent consumed....
-
A financial statement must be relevant and reliable. What do these terms mean in this context?
-
What is the AASB and what is its role?
-
The purchase of an office computer has been debited to Office Expenses instead of to Office Equipment. What effect will this have on the Balance Sheet? Fixed assets A no effect B no effect C...
-
-x/2 x/4 If A = -x/2 and A-1 =6 then x equals
-
Jill Goldstein has been collecting data over the last year in an effort to understand the cost drivers of distribution costs at Waterloo Corporation, a manufacturer of brass door handles....
-
Jill Goldstein has been collecting data over the last year in an effort to understand the cost drivers of distribution costs at Waterloo Corporation, a manufacturer of brass door handles....
-
Ken Howard, financial analyst at JVR Corporation, a manufacturer of precision parts, is examining the behaviour of quarterly maintenance costs for budgeting purposes. Ken collects data on...
-
Siya Dlamini is a partner at a law firm. He is 4 0 years old and unmarried. He has incurred a number of expenses during the 2 0 2 3 year of assessment. He would like to know if they are deductible in...
-
Ahmed was doing experiment with the laboratory technician and prepared standard solution in standard measuring flask by dissolving 6.5 g C3(PO4)2 in 550 ml water after that he added 3.5 g more...
-
Construct solid-liquid and solid-vapour phase boundaries for carbon tetrachloride CCl 2 given the following: Density of solid CCl2 = 1.809 g/cm Density of liquid CCl2 = 1.59 g/cm Enthalpy of fusion =...
Study smarter with the SolutionInn App