Examlex
Consider a three sequentially stepped process named as Process A, Process B and Process C.Input comes into Process A.Output form A goes into Process B.Output from B goes into Process C.Output of C is the final output.Suppose that it takes 2 minutes per unit in Process A, 3 minutes per unit in Process B and 1 minute per unit in Process C.Suppose further that Process A receives input at the rate of 30 per hour.Where would you place a buffer?
Clear Objectives
Well-defined aims or goals that are explicit and straightforward to understand and achieve.
Value Chain
Is the sequence of activities that transform materials into finished products.
Flexible Manufacturing Systems
Flexible Manufacturing Systems are highly adaptable production methods that enable a manufacturing facility to respond effectively to changing product demands and production needs.
Periodic Analysis
The examination or evaluation of data or performance at set intervals over time to identify trends, patterns, or areas needing improvement.
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