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14 Cards in this Set
- Front
- Back
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Abnormal demand
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An unanticipated customer order
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Actual demand
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Customer orders. Nets against or “consumes” the forecast.
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Allocation
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Items that have been assigned to specific orders, but not released
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Benchmarking
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Continuous process of measuring the company’s products and services
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Mass Customization
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High volume product with large variety, so the customer may select their own.
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Master Planning of Resources ( MPR)
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A grouping of business processes: demand management, S&OP, and master scheduling
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Product group/family
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Basic planning element for sales and operations planning.
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Product Hierarchy
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Structured relationship between product groups to individual product items.
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Product Mix
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The details of individual products, customer orders, and pieces of equipment
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Production rate
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Unit of measure express in units, cases, or periods of time.
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Production schedule
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A plan that authorizes the factory to MFG a certain quantity of a specific part.
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Repetitive manufacturing
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The same production process used to make discrete products or families of products
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Manufacturing environment
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The framework where manufacturing strategy is developed and implemented
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Process manufacturing
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Production that adds value by mixing, separating or forming. Batch or continuous mode
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