From the course: Value Stream Mapping in Visio

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Challenge: Create your lead time ladder

Challenge: Create your lead time ladder

From the course: Value Stream Mapping in Visio

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Challenge: Create your lead time ladder

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(upbeat music) - [Instructor] Please take a few moments finishing your lead time ladder respectively as stated with the directions by using your lead time ladder and adding in your cycle times and lead times. A reminder that cycle time refers specifically to the time it takes to complete a single task within a process, whereas lead time encompasses the entire time from the initial request to the final delivery of a product or service, including any waiting periods or delays. Essentially, cycle time is a part of lead time, meaning lead time is always longer than the cycle time.

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