Question: According to the video on Value Stream Map, what is it used for in the course of process analysis? to isolate the value added versus

According to the video on "Value Stream Map," what is it used for in the course of process analysis?

to isolate the value added versus a waste in the organization

to reduce the cost of goods sold by means of collaboration with supplier

to achieve six-sigma level quality of goods and services

to increase the degree of customization of goods and services

Choose one of three organizations (Potato chip manufacturer, Fast-food restaurant, or Law firm), and identify underlying business processes in terms of inputs, outputs, and resources employed. What internal and external performance measures should each organization use? What product attributes do customers consider important? What process competencies should each organization aim for?

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