Consider the following example value stream: Which of the following statements is most correct?

The correct answer is A. The value stream is decomposed into five value stream stages. A value stream stage is defined as "a distinct part of a value stream that represents a group of activities contributing to an overall result". A value stream stage can be expressed as a noun phrase that indicates what outcome or state is achieved by completing the stage. For…

Value Streams

Question

Consider the following example value stream:

Which of the following statements is most correct?

Exhibit

Options

AThe value stream is decomposed into five value stream stages
BThe value stream consists of five sequential subprocesses.
CThe value stream is decomposed into five sequential events.
DThe value stream is mapped to five subsidiary value streams.

How the community answered

(38 responses)

A
84% (32)
B
8% (3)
C
5% (2)
D
3% (1)

Explanation

A value stream stage is defined as "a distinct part of a value stream that represents a group of activities contributing to an overall result". A value stream stage can be expressed as a noun phrase that indicates what outcome or state is achieved by completing the stage. For example, some possible value stream stages are "Product Ordered", "Payment Processed", or "Customer Satisfied". The example value stream shows how an online retailer creates and delivers value for its customers by performing five value stream stages: "Acquire Retail Product", "Advertise Channels", "Display Products", "Enable Selection", "Process Payment", and "Deliver Product(s)". Therefore, the value stream is decomposed into five value stream stages.

Topics

#value stream decomposition#value stream stages#value stream structure#stage breakdown

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