CONVERSION CYCLE Flashcards
(41 cards)
It is consists of both physical and information activities related to manufacturing products
for sale.
Conversion cycle
It involves pulling products based on the customer’s demand rather than pushing them from the production end or supply.
Pull processing
The success of the pull processing model requires zero defects in raw materials, work-in process, and finished goods inventory.
Perfect quality
It means eliminating non-value-added activities and other undertakings that do not maximize the use of scarce resources.
Waste Minimization
It means congestion in a production system due to too much workload.
Bottleneck
Lean companies strive to reduce setup time to a minimum, allowing them to produce a greater diversity of products quickly, without sacrificing efficiency at lower production volumes.
Production flexibility
Each employees must be vigilant of problems that threaten the continuous flow of operation of the production line.
Team attitude
It is a Japanese tool used to organize a workplace systematically, cleanly, and safely.
5S
It involves putting only the necessary items in the workplace.
Seiri (sort)
It is the process of efficiently arranging things in the workplace.
Saiton (straighten)
It involves keeping the workplace clean at all times to detect all possible nonconformities easily.
Seiso (shine)
It involves creating common standards to accomplish the three (3) prior
phases effectively.
Seiketsu (standardize)
It involves ensuring all the standards are properly complied with.
Shitsuke (sustain)
It involves grouping similar products together to process them in the same
sequence and on the same equipment.
Cellular manufacturing
A workstation and equipment specifically designed to achieve a smooth operation flow.
Cell
It involves an attitude of constantly improving the set of standards to save time, money, and/or resources.
Continuous improvement
It involves identifying opportunities and designing initiatives to improve the system.
Plan
It is the execution of designs or improvements identified during the planning phase.
Do
It gathers data to check if the plan’s implementation was successful.
Check
It is the company’s response toward the results of the checking phase.
Act
It is a Japanese term which means “automation with human intervention”. This term highlights that whenever an abnormality occurs in the production system, production will stop until it is fixed.
Jidoka
It is essentially made up of three (3) components that boost the work of
the production line.
Total productive maintenance
These are regularly planned and executed maintenance activities to ensure that sudden breakdowns do not occur and the through put for each equipment is increased.
Preventive maintenance
This kind of maintenance revolves around deciding whether there is a need for fixing or purchasing new equipment altogether.
Corrective maintenance
