Value Stream Mapping 1 Value Stream Mapping Definition • Value Stream Mapping (VSM): – Special type of flow chart that uses symbols known as "the language of Lean" to depict and improve the flow of inventory and information. 2 Value Stream Mapping Purpose • Provide optimum value to the customer through a complete value creation process with minimum waste in: – Design (concept to customer) – Build (order to delivery) – Sustain (in-use through life cycle to service) 3 Why
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The Lessons Learned in My Career and My future Aspirations In last several decades‚ people can see constantly development of technology. This has affected a lot of aspects of society such as education‚ defence‚ industry and so on‚ especially in economy. The development of economy goes a long side with the development of technology that create a number of jobs for people. In other words‚ nowadays‚ people have a lot of choices to choose a job for them. Although many people want to work in financial
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Definition of Value at Risk (VaR) Value at risk is a statistical technique which measures the level of financial risk in a portfolio over a specific time frame. For example‚ if a firm states that it has a 1% one week value at risk of $5 million; this would mean that for any given week‚ the firm would have a 1% chance of losing $5 million. In order words‚ 1 out of every 100 weeks‚ the firm would expect to have a loss of $5 million. This can be viewed as the standard deviation of portfolio value during
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Global Value Chain Analysis on Samsung Electronics February 2012 The Commercial Section of the Canadian Embassy in the Republic of Korea commissioned this report to the Korea Associates Business Consultancy Ltd. (www.kabcltd.com) Readers should take note that the Government of Canada does not guarantee the accuracy of any of the information contained in this report‚ nor does it necessarily endorse the organizations listed herein. Readers should independently verify the accuracy and reliability
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Clay Shirky says what everyone in the field of journalism is thinking‚ but is scared to admit- we can’t predict the future of journalism‚ in “Newspapers and Thinking the Unthinkable”. We have an idea of where it is headed‚ that being technological instead of pen and paper but nobody knows for sure where the technology is going to take us because lets face it‚ nobody thought that we would be where we are today. We are living in the “unthinkable scenario”. So what does that mean for anxious journalism
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Case Analysis - Recorded Future As the case said‚ Recorded Future is a big data start up that offers a predictive model software using business intelligence tools and it’s primary focus on government intelligence agencies and some private corporations. One of the biggest problems they are facing right now is identify if growth will come from premise based (Foresite Platform) analysis of information in side organization or a web based solution (SaaS). The answer of this question will make them wondering
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To be optimistic about something means to be hopeful and confident about it. The word optimistic can be applied to several things. Such as; a person‚ an idea‚ and to me‚ our Nation’s future. When someone is optimistic about something‚ the person‚ idea‚ or thing usually means something to them‚ and America’s future means something to me. It means a great deal to me because I live in a place where I have the freedom to make my own choices‚ have an opinion‚ and to worship our mighty God whom I love
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distribution of effects of the investment. However‚ to calculate the peril of an investment‚ it is of no concern how big this risk has been in the earlier period‚ but fairly on how much exposure there is within the existing period; therefore‚ the future distribution of outputs would be the appropriate to consider. As long as the division of outcomes stays steady‚ the VaR can simply be removed from the past distribution. In reality‚ the distributions are not steady over time; most remarkably‚ the
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I. List of Values of Society (alphabetical) Accomplishment Accountability Accuracy Act on things Adventure All for One; One for All Athletics/Sports‚ Competitive Authority Behavior‚ Proper- Beauty (of environment‚ art‚ people‚ etc.) Benefits to All Calm‚ Quietude Celebrity-Worship Challenge Change Charity Chastity‚ Purity Children‚ Nurturing of Civic Duty Civic Pride Civil Rights Cleanliness‚ Orderliness Collaboration Collective‚ Needs of the Commitment Common Purpose Communication
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Integrity is a character trait. It is the willingness to do what is right even when no one is looking. Integrity is the very fiber of all core values‚ without it all other core values cannot prevail. It is the cornerstone for all that is moral and just in our society. It is more than simple honesty. It embraces other attributes such as courage‚ responsibility‚ accountability‚ justice‚ openness‚ self-respect‚ and humility. Practically‚ it involves keeping commitments‚ being sincere‚ being honest
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