ABC Classification - answera ranking system for identifying and grouping items in terms
of how useful they are for achieving business goals
The system requires grouping things into three categories: A - extremely important. B -
moderately important. C - relatively unimportant.
Advanced Planning and Scheduling (APS) - answer manufacturing management
process by which raw materials and production capacity are optimally allocated to meet
demand.
Advance Ship Notice (ASN) - answera notification of pending deliveries, similar to a
packing list. It is usually sent in an electronic format and is a common EDI document
Andon - answera manufacturing term referring to a system to notify management,
maintenance, and other workers of a quality or process problem. The centerpiece is a
device incorporating signal lights to indicate which workstation has the problem.
Anticipation Inventories - answerComponents, material, or goods kept at hand to meet
seasonal fluctuations in demand or to meet the shortfall caused by erratic production
Assemble-To-Order - answerA business production strategy where products ordered by
customers are produced quickly and are customizable to a certain extent; basic parts for
the product are already manufactured but not yet assembled. Once an order is
received, the parts are assembled quickly and sent to the customer
Assembly Line - answermanufacturing process in which parts are added as the semi-
finished assembly moves from work station to work station where the parts are added in
sequence until the final assembly is produced
Assignable Cause - answeran identifiable, specific cause of variation in a given process
or measurement. A cause of variation that is not random and does not occur by chance
is "assignable"
Available Inventory - answer
Available-to-Promise (ATP) - answer
Average Inventory - answer
Back Scheduling - answer
,Backflush - answer
BackHauling - answer
Backlog - answer
Backorder - answer
Balance Sheet - answer
Bar Code - answer
Batch - answer
Batch Picking - answer
Bias - answer
Bill of Lading (uniform) - answer
Bill of Material (BOM) - answer
Bonded Warehouse - answer
Bottleneck - answer
Break-bulk - answer
Break-even point - answer
Buffer - answer
Buffer Management - answer
Bullwhip Effect - answer
Business Plan - answer
Capable-To-Promise (CTP) - answer
Capacity Available - answer
Capacity Management - answer
Capacity Planning - answer
, Capacity Requirements Planning (CRP) - answer
Carrying Cost - answer
Cash Flow - answer
Cause-And-Effect Diagram - answer
Cellular Manufacturing - answer
Centralized Inventory Control - answer
Certified Supplier - answer
Chase Production Methods - answer
Closed-Loop MRP - answer
Common Carrier - answer
Component - answer
Consignment - answer
Constraint - answer
Continuous Process Improvement (CPI) - answer
Continuous Production - answer
Continuous Replenishment - answer
Contract Carrier - answer
Control Chart - answer
Control Limit - answer
Cost of Goods Sold - answer
Cost of Poor Quality - answer
Critical Chain Method - answer
Critical Path Method (CPM) - answer