VSM Foundation Practice Questions - Value Stream Management Foundation (VSMF V1.0) Exam

Which acronym summarizes the eight wastes commonly used in Lean (and TIMWOODS variant)?

Transportation, Inventory, Motion, Waiting, Overproduction, Overprocessing, Defects, Skills Time, Inputs, Materials, Work, Output, Overhead, Direction, Standards Tasks, Inspection, Maintenance, Work, Outputs, Operations, Demand, Supply Tools, Information, Money, Waste, Output, Operations, Defects, Standards

Correct Answer:

Transportation, Inventory, Motion, Waiting, Overproduction, Overprocessing, Defects, Skills

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