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Chapter 3: Q. 14-17OQ (page 369)

In a data box on a value stream map, what do the abbreviations CT and C/O mean?

Short Answer

Expert verified

C/T means Cycle Time and C/O means Change-over Time in the value stream map.

Step by step solution

01

Different components of VSM

There are mainly three formsor parts of VSM:

The information part, the timeline portion, and an entire process of mapping. The purpose of VSM is to visualize the entire production process from the start to the end of a process to create value for the efforts in the business.

02

C/T and C/O in VSM

C/T is the Cycle Time and C/O is the Change-over Time. Both of these are important components of value stream mapping. It plays an important role in analyzing different steps of manufacturing.

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Most popular questions from this chapter

An integrated set of activities designed to achieve production using minimal inventories of raw materials, work-in-process, and finished goods.

The chapter presents multiple techniques that service firms can use to make their processes leaner. Which technique is demonstrated by a restaurant that offers special discounts midweek to attract more demand during a traditionally slow period?

What do you call the average total value of all items held in inventory for a firm, at cost?

Under a kanban approach to lean manufacturing, order quantities should be as small as possible. For a part that is manufactured in-house, what part of its manufacturing process needs to be reduced to reduce the optimal order quantity for an item?

A phenomenon characterized by increased variation in order as we move from the customer to the manufacturer in the supply chain
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