DSCI 320
Absolute Time - ANS-The passage of time as measured via a clock
Arrival Rate - ANS-the wrong way up y = the average quantity of customers to arrive in a while
interval
Assemble-To-Order (ATO) - ANS-A system that produces trendy modules to be changed and/or
blended right into a customization product
Associative Models Forecasts - ANS-Identifying useful relationships the usage of mathematics
Examples: correlation coefficients, regression evaluation
Balance Delay - ANS-Percent of a laptop time no longer in productive use in the course of the
operation of a product format
Bottleneck - ANS-The most heavily applied aid inside a device
Break-Even Point - ANS-A degree of pastime at which the sales gathered suits the prices
incurred by way of that interest
Capacity - ANS-The productive capability of a machine
Capacity Cushion - ANS-Largely idle capability maintained past the predicted load level of a
system to absorb sudden call for
Casual Modeling - ANS-Predicting an outcome via figuring out its dating with one or other
elements
Cellular Manufacturing - ANS-A complicated manufacturing facility subdivided into smaller
product layouts
Closeness Rating - ANS-Standard scoring gadget for the desirability of proximity inside a facility
A - Absolutely important
E - Especially Important
I - Important
O - Ordinary Importance
U - Unimportant
X - Undesirable
, Coefficient of Determination - ANS-Proportion of version in a established variable this is
explained by a regression model
Core Compentency - ANS-precise capability that distinguishes a commercial enterprise from its
competition (compete on value, pace, flexibility, high-quality?)
Correlation Coefficient - ANS-A degree of the electricity of any linear relationship between two
sets of observations
Crowdsourcing - ANS-combining impartial consequences of many people to perform a mission
Cycle Time - ANS-The "pace" of a product format; it's miles the full amount of time every
workstation has to complete its assigned obligations one time at some stage in ongoing
operation of the machine
Cycle Time = Operating Time / Demand on the Line
Cyclic Variation - ANS-Seasonality with a cycle time longer than 1 yr; normally associated with
economic affects on time series information
Delphi Method - ANS-A qualitative forecasting method in which experts reap consensus via a
blind method thru a facilitator
Design Capacity - ANS-The theoretical maximum output of a gadget, assuming best operating
situations
Diseconomies of Scale - ANS-Increasing common unit cost by using growing volume
Economies of Scale - ANS-Decreasing average unit cost by way of increasing extent
Effective Capacity - ANS-The realistic maximum output of a device, assuming ordinary working
conditions
Efficiency - ANS-Percent of a aid in productive use
Extrapolation - ANS-Projecting present statistics into the future
FCFS - ANS-First-come, first-served sequencing rule
Fixed-Position Layout - ANS-A configuration wherein transformation cannot flow, requiring all
supporting assets and approaches to travel to that location
Forecast Bias - ANS-A tendency to create errors which can be predominantly advantageous or
terrible
Absolute Time - ANS-The passage of time as measured via a clock
Arrival Rate - ANS-the wrong way up y = the average quantity of customers to arrive in a while
interval
Assemble-To-Order (ATO) - ANS-A system that produces trendy modules to be changed and/or
blended right into a customization product
Associative Models Forecasts - ANS-Identifying useful relationships the usage of mathematics
Examples: correlation coefficients, regression evaluation
Balance Delay - ANS-Percent of a laptop time no longer in productive use in the course of the
operation of a product format
Bottleneck - ANS-The most heavily applied aid inside a device
Break-Even Point - ANS-A degree of pastime at which the sales gathered suits the prices
incurred by way of that interest
Capacity - ANS-The productive capability of a machine
Capacity Cushion - ANS-Largely idle capability maintained past the predicted load level of a
system to absorb sudden call for
Casual Modeling - ANS-Predicting an outcome via figuring out its dating with one or other
elements
Cellular Manufacturing - ANS-A complicated manufacturing facility subdivided into smaller
product layouts
Closeness Rating - ANS-Standard scoring gadget for the desirability of proximity inside a facility
A - Absolutely important
E - Especially Important
I - Important
O - Ordinary Importance
U - Unimportant
X - Undesirable
, Coefficient of Determination - ANS-Proportion of version in a established variable this is
explained by a regression model
Core Compentency - ANS-precise capability that distinguishes a commercial enterprise from its
competition (compete on value, pace, flexibility, high-quality?)
Correlation Coefficient - ANS-A degree of the electricity of any linear relationship between two
sets of observations
Crowdsourcing - ANS-combining impartial consequences of many people to perform a mission
Cycle Time - ANS-The "pace" of a product format; it's miles the full amount of time every
workstation has to complete its assigned obligations one time at some stage in ongoing
operation of the machine
Cycle Time = Operating Time / Demand on the Line
Cyclic Variation - ANS-Seasonality with a cycle time longer than 1 yr; normally associated with
economic affects on time series information
Delphi Method - ANS-A qualitative forecasting method in which experts reap consensus via a
blind method thru a facilitator
Design Capacity - ANS-The theoretical maximum output of a gadget, assuming best operating
situations
Diseconomies of Scale - ANS-Increasing common unit cost by using growing volume
Economies of Scale - ANS-Decreasing average unit cost by way of increasing extent
Effective Capacity - ANS-The realistic maximum output of a device, assuming ordinary working
conditions
Efficiency - ANS-Percent of a aid in productive use
Extrapolation - ANS-Projecting present statistics into the future
FCFS - ANS-First-come, first-served sequencing rule
Fixed-Position Layout - ANS-A configuration wherein transformation cannot flow, requiring all
supporting assets and approaches to travel to that location
Forecast Bias - ANS-A tendency to create errors which can be predominantly advantageous or
terrible
