Insurance protects you from liability and allows you to provide for your own and others' long-term needs. But what if you never need the insurance? You wind up putting out a lot of money and you get nothing out of it. Which kinds of insurance do you think are worth the cost? Which are not? Why?

Draw a flowchart for a process of interest to you, such as a quick oil-change service, a factory process you might have worked in, ordering a pizza, renting a car or truck, buying products on the internet, or applying for an automobile loan. identify the points where something (people, information) waits for service or is held in work-in-process inventory, the estimated time to accomplish each activity in the process, and the total flow time. evaluate how well the process worked and what might be done to improve it.