Examlex
Two improvement tools that connect performance variables to outcomes a cause-and-effect diagram and:
Aggregate Plan
A plan that summarizes the expected production rates, workforce levels, and inventory on hand to satisfy demand over a certain period.
Production Level
The quantity of goods or services that a company can produce within a given timeframe, often influenced by capacity and demand.
Inventory Level
The quantity of goods, materials, or products that are held by a company at any given time, which is crucial for meeting demand without incurring excessive costs.
Capacity Level
The maximum output or production ability of a facility, operation, or system given its constraints and resources.
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