Question: Value streams are useful in decision-making because: They identify all value-added products and services. They help to highlight improved efficiency in the plant. Special orders

Valuestreamsare useful in decision-making because:

They identify all value-added products and services.

They help to highlight improved efficiency in the plant.

Special orders can be evaluated within the context of the value stream.

Irrelevant costs are identified.

Lean thinking produces costlier products.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!