The goal of this state is to get as close to the ideal state as practically possible,

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

Question:

The goal of this state is to get as close to the ideal state as practically possible, while being realistically achievable in a reasonable amount of time. This scenario BEST describes which state of value stream mapping?

Related Book For answer-question

Managerial Accounting

ISBN: 978-0133428377

4th edition

Authors: Karen W. Braun, Wendy M. Tietz

See More Books

Posted Date: Jan 15, 2024 09:02 AM

See More Questions

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
The following scenarios describe situations currently facing companies. For each scenario, indicate whether a standard costing system would be beneficial in that situation or not and explain why or...
1.2 1.3 1.4 There are a number of "rules" that a work study practitioner must observe in order to keep the respect of the supervisor. List them What is the principal objective of methods engineering?...
What future directions may be interesting for comparative studies in corporate governance?
For each function and graph in Problems below (a) Use the graph to identify x-values for which y' Ë 0, y'Ë 0, y'=0, and y' does not exist. (b) Use the derivative to check your conclusions....
In which mode of heat transfer is the convection heat transfer coefficient usually higher, natural convection or forced convection? Why?
What is the purpose of practice aids in forensic and valuation services?
Star Power Company is a power company in the Midwest region of the United States. Star buys and sells energy on the spot market. Star can store power in a high-capacity battery that can store up to...
Adama Is A French Manufacturer Of Photovoltaic Panels. The Company Has A Production Plant In Rennes, Which Supplies Four Warehouses Located In Angers, Bourges, Clermont-Ferrand And Montauban. The...
Suppose that the value of the hotel is not $8 million but instead is $8.9 million if the city is successful in obtaining the franchise, and is not $2 million but instead is $3.3 if the city is not...
Describe the stages of problem solving. What pitfalls might you encounter at each stage?
How do general knowledge and organisational and business knowledge support decision making?
Explain the meaning of the terms 'risk', 'operating capability' and 'financial flexibility'.
What are the broad skills, as outlined by the accounting community, which are necessary for practising accounting and for effectively conducting business?
Think of a recent discovery, technological innovation, world event, regulation or other factor affecting the business environment (one not mentioned in this chapter). What effect has this factor had...
Divers swimming at 7 meters below the surface found that the light level was 83% that of the surface. If light is governed by the Beer-Lambert equation I=I0a^x where I0 is the surface light, what is...
Below is a sample of the data in the file NFLAttendance which contains the 32 teams in the National Football League, their conference affiliation, their division, and their average home attendance....
Indicate whether each of the following is characteristic of a lean production system or a traditional production system. a. A workplace organization system called 5S is frequently used to keep work...
Sorrento Industries manufactures plastic bottles for the food industry. On average,Sorrento pays $ 71 per ton for its plastics. Sorrentos waste disposal company has increased its waste disposal...
Sherwin- Williams Paints is a national paint manufacturer and retailer. The company is segmented into five divisions: Paint Stores (branded retail locations), Consumer (paint sold through stores like...
Which strategy for entering a new international market should (a) an architectural design firm, (b) an online discount broker, and (c) a satellite TV channel consider, and why?
How can a firm design perceived control into a service encounter? Apply it to one face-to-face and one online encounter.
Give examples of how Internet and telecommunications technologies (e.g., mobile commerce [M-Commerce] and apps) have changed some of the services you use.

The goal of this state is to get as close to the ideal state as practically possible,

Question:

Expert Answer:

The scenario described aligns with the concept of Future State in value stream mapping ... View the full answer

Managerial Accounting

Students also viewed these business writing questions