Test 3 Flashcards

(31 cards)

1
Q

A method of just in time production that uses standard containers or lot sizes with a single card attached to each.

A

KABAN

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2
Q

Receiving goods, identify the goods, dispatch the goods to storage, hold goods, pick goods,marshall the shipment, dispatch the shipment, operate an information system.

A

WAREHOUSE ACTIVITIES

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3
Q

In warehouse, the consolidation of several units into larger units for fewer handlings.

A

UNITIZATION

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4
Q

A type of fixed order system in which inventory is carried in two bins. When one bin is empty is signals for replenishment.

A

TWO BIN INVENTORY

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5
Q

Line haul, pickup and delivery, terminal handling and billing collection.

A

TRANSPORTATION COST ELEMENTS

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6
Q

is an approach to improving both customer satisfaction and the way organizations do business. It brings together all of the quality and customer-related process improvement ideas.

A

TOTAL QUALITY MANAGEMENT (TQM)

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7
Q

Carrying cost = Order cost

A

ECOMONIC ORDER QUANTITY

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8
Q

A measurement of dispersion of data or of a variable.

A

STANDARD DEVIATION

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9
Q

A philosophy of production that emphasizes the minimization of the amount of all the resources (including time) used in the various activities of the enterprise. It involves identifying and eliminating non-value-adding activities in design, production, supply chain management, and dealing with the customers.

A

LEAN MANUFACTURING

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10
Q

Use of space horizontally and vertically expressed as a percentage.

A

CUBE UNITIZATION

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11
Q

Devices that move material (or people) horizontally or vertically between two fixed points. eg Moving walkway at airport

A

CONVEYOR

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12
Q

Keeping inventory in specified locations on a plant floor near the operation where it is to be used.

A

POINT OF USE STORAGE

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13
Q

A set inventory level where if the total stock on hand plus on order falls to or below that point, action is taken to replenish the stock.

A

ORDER POINT

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14
Q

Fixed reorder cycle inventory model.

A

PERIOIDIC REVIEW SYSTEM

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15
Q

Systematic improvement of inventory record accuracy by counting parts throughout the year, finding root cause of error and fixing them.

A

CYCLE COUNTING

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16
Q

Movement and storage of finished goods from end of production to the customer.

A

PHYSICAL DISTRIBUTION

17
Q

A method of storage in which a relatively permanent location is assigned for the storage of each item.

A

FIXED LOCATION

18
Q

Platform usually measuring 48” x 40” by 4”.

19
Q

It is the contribution made by an operation or a plant to the final usefulness and value of a product, as seen by the customer.

20
Q

Use this order technique when demand is lumpy.

A

PERIOD ORDER QUANTITY

21
Q

All inventory in one location. eg All money is behind the wall in a bank

A

CENTRAL STORAGE

22
Q

Being able to get at the goods wanted with a minimum of work.

A

ACCESSIBILITY

23
Q

Consolidation of several units into large units.

24
Q

D(R+L) + SS

25
Order exactly what you need.
LOT FOR LOT
26
Acronym for the elimination of waste and continuous improvement of productivity.
JIT
27
Certification procedures verifying that a supplier operates, maintains, improves, and documents effective procedures that relate to the customer's requirements.
SUPPLIER CERTIFICATION
28
A methodology that furnishes tools for the improvement of business processes.
SIX SIGMA
29
In production, the production of items only as demanded for use or to replace those taken for use.
PULL SYSTEM
30
Random location storage. The same parts could be stored in several different inventory locations.
FLOATING LOCATION
31
A lot sizing technique in MRP or inventory management that will always cause planned or actual orders to be generated for a predetermind fixed quantity.
FIXED ORDER QUANTITY