ABC Classification - correct answer ✔a method for determining level of
control and frequency of review of inventory items
Acceptable Quality Level (AQL) - correct answer ✔The small percentage of
defects that consumers are willing to accept.
Acceptable Sampling - correct answer ✔The process of randomly inspecting
a sample of goods and deciding whether to accept the entire lot based on the
results
Action Bucket - correct answer ✔The current time period
Action Notices - correct answer ✔Output from an MRP system that identifies
the need for an action to be taken.
Activity-on-node - correct answer ✔network diagramming notation that
places activities in the nodes and arrows to signify precedence relationships
Advertising Revenue Model - correct answer ✔Provides users with
information on services and products and provides an opportunity for
suppliers to advertise.
Affiliate Revenue Model - correct answer ✔companies receive a referral fee
for directing business to an affiliate
,Aggregate Plan - correct answer ✔Includes the budgeted levels of finished
products, inventory, backlogs, workforce size, and aggregate production rate
needed to support the marketing plan.
ALDEP - correct answer ✔Computer software packages for design process
layouts
Allowance Factor - correct answer ✔the amount of time the analyst allows
for personal time, fatigue, and unavoidable delays
Alternative Workplace - correct answer ✔brings work to the worker rather
than the worker to the workplace
Anticipation Inventory - correct answer ✔inventory built in anticipation of
future demand
Application Service Provider (ASP) - correct answer ✔sets up and runs ERP
systems
Appraisal Costs - correct answer ✔Costs incurred in the process of
uncovering defects
Assemble-to-order Strategy - correct answer ✔produces standard
components that can be combined to customer specifications
Assignable causes of variation - correct answer ✔Causes that can be
identified and eliminated.
,Attributes - correct answer ✔A product characteristic that has discrete value
and can be counted
Automated order entry system - correct answer ✔A method using telephone
models to send digital orders to suppliers
Automation - correct answer ✔Using machinery to perform work without
human operators
Average number of jobs in the system - correct answer ✔measures work-in-
process inventory
Average outgoing quality (AOQ) - correct answer ✔The expected proportion
of defective items that will be passed to the customer under the sampling
plan.
Back orders - correct answer ✔unfilled customer orders
Back-order - correct answer ✔Delaying delivery to the customer until the
item becomes available.
Backward integration - correct answer ✔Owning or controlling sources of raw
materials and components.
backward scheduling - correct answer ✔scheduling method that determines
when the job must be started to be done on the due date
Balance Delay - correct answer ✔The amount by which the line efficiency
falls short of 100 percent.
, Batch processes - correct answer ✔A type of process used to produce a
small quantity of products in groups or batches based on customer orders or
specifications.
Behavioral Feasibility - correct answer ✔degree to which the job is
intrinsically satisfying to the employee
Beliefs that help define JIT Philosophy - correct answer ✔Broad view
operations, simplicity, continuous improvements, visibility, and flexibility
Benchmarking - correct answer ✔The process of studying the practices of
companies considered 'best-in-class' and comparing your company's
performance against theirs.
Best operating level - correct answer ✔The volume of output that results in
the lowest average unit cost.
beta probability distribution - correct answer ✔typically represents project
activities
Bill of Material (BOM) - correct answer ✔lists all the subassemblies,
component parts, and raw materials that go into an end item and shows the
usage quantity of each required
Block Plan - correct answer ✔schematic showing the placement of resources
in a facility
Bottleneck - correct answer ✔Longest Task in the process