Step 1: The circuit.
The total voltage across the series combination of the diode and the resistor is equal to the supply voltage \( V \). The current through the diode is 15 mA.
Step 2: Applying Kirchhoff's Voltage Law.
The voltage across the resistor is given by Ohm's Law:
\[
V_R = I \times R = 15 \times 10^{-3} \, \text{A} \times 1000 \, \Omega = 15 \, \text{V}
\]
The voltage across the diode is the threshold voltage, \( V_D = 0.7 \, \text{V} \).
Step 3: Total supply voltage.
The total voltage \( V \) is the sum of the voltage across the resistor and the diode:
\[
V = V_R + V_D = 15 \, \text{V} + 0.7 \, \text{V} = 15.7 \, \text{V}
\]
Thus, the value of \( V \) is 15.7 V.