Lecture 10

Inspection of lots before/after production

Inspection and corrective action during production

Quality built into the process

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

Concluding a process is in control when it is not.

Lecture 11

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

Lecture 12

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

MRP

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

Lecture 13

Physical count of items in inventory made at periodic intervals

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

Two containers of inventory; reorder when the first is empty

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

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

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

Lecture 14

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

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

The cycle time needed to match customer demand for final product

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

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