Key Words for Chapter 13 Full Display

Key Words for Chapter 13 Full Display - Key Words for...

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1. Capacity Planning 2. ABC Analysis 3. Economic Order quantity 4. Gantt Charts 5. Just-in-time Systems 6. Materials Requirement Planning 7. Operations Management 8. Program Evaluation and Review Technique (PERT)/ Critical Path Method (CPM) 9. Quality 10. Total Quality Management Key Words for Chapter 13
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Key Words for C hapter 13: Operations Management Word: Capacity planning Definition: Capacity planning is the process of determining how much a firm should be able to produce or service. Sentence: An operation manager develops capacity planning to determine the quantity of production.
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Key Words for C hapter 13: Operations Management Word: ABC analysis Definition: ABC analysis is an inventory management system that categorizes items to provide information concerning which items require the most control. Sentence: ABC inventory analysis helps a manager to know which items are more valuable for the firm.
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Key Words for C hapter 13: Operations Management Word: Economic order quantity Definition:
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Key Words for Chapter 13 Full Display - Key Words for...

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