Question: Question 1 (1) Describe the concept: value is/as defined by the customer. (2) How does this idea helps us (as the manufacturer or service provider)

Question 1

(1) Describe the concept: "value is/as defined by the customer".

(2) How does this idea helps us (as the manufacturer or service provider) to identify the 7 wastes as they relate to customer satisfaction and value?

(3) Offer an (1) example/scenario to support your answer

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