Sum of manufacturing and waiting time for an order is classified as manufacturing cycle time. Manufacturing cycle time refers to the time required or spent to convert raw materials into finished goods. It is also known as throughput time. Technically, it is the length of time from the start of production to the delivery of the final products.
A theory which describes techniques of operating income maximization, facing with non-bottleneck and bottle neck operations is
A theory which describes techniques of operating income maximization, facing with non-bottleneck and bottle neck operations is theory of constraints. The Theory of Constraints is a methodology for identifying the most important limiting factor (i.e. constraint) that stands in the way of achieving a goal and then systematically improving that constraint until it is no longer the limiting factor.
A process by which employees can make decisions is divided by total number of processes to calculate
A process by which employees can make decisions is divided by total number of processes to calculate employee empowerment ratio. Employee empowerment is a strategy and philosophy that enables employees to make decisions about their jobs. Employee empowerment helps employees own their work and take responsibility for their results, serve customers at the level of the organization where the customer interface exists.
Statistical quality control is also called statistical process control. Statistical process control (SPC) is a method of quality control which employs statistical methods to monitor and control a process.
A product performance in comparison to its features and design is classified as
A product performance in comparison to its features and design is classified as conformance quality. Quality of conformance is the ability of a product, service, or process to meet its design specifications. Design specifications are an interpretation of what the customer needs.