Concluding a process is in control when it is not.

Lecture 11

A flexible system of operation that uses considerably less resources than a traditional system

Physical count of items in inventory made at periodic intervals

Inspection and corrective action during production

A computer-based information system that translates master schedule requirements for end items into time-phased requirements for subassemblies, components, and raw materials.

Inspection of lots before/after production

The cycle time needed to match customer demand for final product

Stock that is held in excess of expected demand due to variable demand and/or lead time

System that keeps track of removals from inventory continuously, thus monitoring current levels of each item

MRP

Concluding a process is not in control when it actually is.

Lecture 12

Lecture 13

Lecture 10

A visual tool to systematically examine the flows of materials and information

Card or other device that communicates demand for work or materials from the preceding station

Bar code printed on a label that has information about the item to which it is attached

Two containers of inventory; reorder when the first is empty

Intermediate-range capacity planning that typically covers a time horizon of 2 to 18 months

Department or work center reports that compare known and expected future capacity requirements with projected capacity availability.

highly coordinated processing system in which goods move through the system, and services are performed, just as they are needed

A technology that uses radio waves to identify objects, such as goods, in supply chains

Lecture 14

Quality built into the process