APICS Deck 6 OO Flashcards Preview

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Flashcards in APICS Deck 6 OO Deck (499)
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The overall goal(s) for an organization set within the parameters of the business scope.M

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process decision program chart

A technique used to show alternate paths to achieving given goals. Applications include preparing contingency plans and maintaining project schedules.P

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have a short-term time horizon

such as cash, accounts

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order management

The planning, directing, monitoring, and controlling of the processes related to customer orders, manufacturing orders, and purchase orders. Regarding customer orders, order management includes order promising, order entry, order pick, pack and ship, billing, and reconciliation of the customer account. Regarding manufacturing orders, order management includes order release, routing, manufacture, monitoring, and receipt into stores or finished goods inventories. Regarding purchasing orders, order management includes order placement, monitoring, receiving, acceptance, and payment of supplier.O

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A manufacturer that turns the product of a converter into a larger variety of products. For example, a fabricator may turn steel rods into nuts, bolts, and twist drills, or may turn paper into bags and boxes.F

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Abbreviation for enterprise resources planning.E

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In the theory of constraints, the constraint is viewed as a drum, and nonconstraints are like soldiers in an army who march in unison to the drumbeat; the resources in a plant should perform in unison with the drumbeat set by the constraint.D

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manufacturer’s representative

One who sells goods for several firms but does not take title to them. Syn: manufacturer’s agent, manufacturing representative.M

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acceptable quality level (AQL)

When a continuing series of lots is considered, a quality level that, for the purposes of sampling inspection, is the limit of a satisfactory process average.A

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The process of constructing and staging kits.K

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sales cycle time

Time from a product entering a floor until it is completely sold out.S

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classification of defects

The delineation of possible defects on a unit, classified by seriousness: critical (A), major (B), minor (C), or incidental (D).C

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period capacity

The number of standard hours of work that can be performed at a facility or work center in a given time period.P

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procurement cycle

Syn: procurement lead time.P

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delivery policy

The company’s goal for the time to ship the product after the receipt of a customer’s order. The policy is sometimes stated as “our quoted delivery time.”D

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nominal capacity

Syn: rated capacity.N

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tiger teams

Teams that attempt to achieve a specific goal within a short time period.T

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principle of postponement

Syn: order penetration point.P

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order control

Control of manufacturing activities by individual manufacturing, job, or shop orders, released by planning personnel and authorizing production personnel to complete a given batch or lot size of a particular manufactured item. Information needed to complete the order (components required, work centers and operations required, tooling required, etc.) may be printed on paper or tickets, often called shop orders or work orders, which are distributed to production personnel. This use of order control sometimes implies an environment where all the components for a given order are O picked and issued from a stocking location, all at one time, and then moved as a kit to manufacturing before any activity begins. It is most frequently seen in job shop manufacturing. See: shop floor control.O

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smoothing constant

In exponential smoothing, the weighting factor that is applied to the most recent demand, observation, or error. In this case, the error is defined as the difference between actual demand and the forecast for the most recent period. The weighting factor is represented by the symbol α. Theoretically, the range of α is 0.0 to 1. Syn: alpha factor, smoothing factor.S

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Taguchi methods

Syn: Taguchi methodology.T

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public-private partnering

Cooperation between a government entity and one or more private enterprises to perform work or utilize facilities.P

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Abbreviation for transition tree.T

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The 17 basic movements identified by Frank and Lillian Gilbreth. (The name of the term is essentially Gilbreth spelled backwards.) Examples of movements T include grasp, move, release, select, and position. See: predetermined time standards.T

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buyer code

A code used to identify the purchasing person responsible for a given item or purchase order.B

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honeycomb loss

The usable empty storage space in a stack due to storage of only a single stockkeeping unit in the stack to permit better access.H

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information technology

The technology of computers, telecommunications, and other devices that integrate data, equipment, personnel, and problem-solving methods in planning and controlling business activities. Information technology provides the means for collecting, storing, encoding, processing, analyzing, transmitting, receiving, and printing text, audio, or video information.I

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continuous manufacturing

A type of manufacturing process that is dedicated to the production of a very narrow range of standard products. The rate of product change and new product information is very low. Significant investment in highly specialized equipment allows for a high volume of production at the lowest manufacturing cost. Thus, unit sales volumes are very large, and price is almost always a key order-winning criterion. Examples of items produced by a continuous process include gasoline, steel, fertilizer, glass, and paper. Syn: continuous production.C

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prevention costs

The costs caused by improvement activities that focus on the reduction of failure and appraisal costs. Typical costs include education, quality training, and supplier certification. Prevention costs are one of four categories of quality costs.P

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and disposition costs

that will be incurred over the entire time of product ownership.L