MBA 745 - Value Stream Quiz
fully solved & updated
T/F
Most restaurants only have one value stream - answer False
Your organization uses an order fulfillment approach which relies on
forecasts to position product in anticipation of customer orders.
This is an order fulfillment approach known as: - answer push or
speculative
A common value stream which will start outside your organization,
at your suppliers is: - answer materials to finished goods
T/F
Concept to product launch is a big cross-functional value stream
which is important for most organizations. - answer True
All activities required to bring an idea from concept to
implementation are known as a: - answer value stream
T/F
Every product or service is unique and should be identified as a
value stream. The typical organization will have thousands of value
streams. - answer False
T/F
Make to order is an example of pull fullfilment - answer True
fully solved & updated
T/F
Most restaurants only have one value stream - answer False
Your organization uses an order fulfillment approach which relies on
forecasts to position product in anticipation of customer orders.
This is an order fulfillment approach known as: - answer push or
speculative
A common value stream which will start outside your organization,
at your suppliers is: - answer materials to finished goods
T/F
Concept to product launch is a big cross-functional value stream
which is important for most organizations. - answer True
All activities required to bring an idea from concept to
implementation are known as a: - answer value stream
T/F
Every product or service is unique and should be identified as a
value stream. The typical organization will have thousands of value
streams. - answer False
T/F
Make to order is an example of pull fullfilment - answer True
