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What is the lead time for a particular step in a value stream? Choose the correct option from below list
Correct Answer: B
Explanation The lead time for a particular step in a value stream is the time from when the work is ready from the previous step to work completion. It includes both the process time and the wait time at that step. Lead time is an important metric to measure the efficiency and flow of a value stream, as it indicates how long it takes for a unit of work to move through a step. Reducing lead time can help eliminate waste, improve throughput, and increase customer satisfaction1