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[Audio] Seven Types of Muda (TIMWOOD): A common framework for identifying muda includes: Transportation: Excessive movement of materials or products. Inventory: Excess inventory of raw materials, work-in-progress , or finished goods. Motion: Unnecessary movement of people or equipment. Waiting: Time spent waiting for materials, information, or equipment. Overproduction: Producing more than is immediately needed. Over-processing :Performing unnecessary steps in a process. Defects: Producing faulty products or services..