The Encyclopedia of Procedures Management Terms


Mentor Arthur Sixth is v. Hill

Curtis L. Carlson School of Management 321-19th Avenue South University of Minnesota Minneapolis, MN 55455-0413 USA [email protected] edu Modified July 20, 2003


Production Operations Administration Society

The electronic variation of this encyclopedia is allocated free of charge by Production Operations Management World (POMS) under the conditions that (1) you send corrections and additions to [email protected] edu and (2) it not be used for business purposes of any kind. It is available on the POMS website ( Teachers are encouraged to make this required examining for their college students. The encyclopedia includes explanations of a broad variety of operations administration terms. Comprehensive explanations are supplied for many terms and ideas. Many new support management, tactical management, production management, and e-business terms are included here which are not found in other dictionaries and encyclopedia. Important terms for business and architectural students happen to be marked with an asterisk (*) ahead of the term. The OM Encyclopedia is available around the POMS web page at www. poms. org. Look for the web link to education.

Copyright В©2003 Professor Arthur V. Hillside, Carlson School of Supervision, University of Minnesota, [email protected] edu.

The Encyclopedia of Operations Administration Terms Condition for Use Most instructors making use of the Operations Administration Encyclopedia must send Professor Hill by least one particular new or perhaps edited term each semester they use this. All contributors will be presented attribution. Date: _____________________ To: Professor Fine art Hill ([email protected] umn. edu) Fax 612-624-8804 (email is usually preferred to fax)

Coming from: _________________________________________________ Re: OM Encyclopedia

Suggested new terms:

Edits/corrections for conditions already in the OM Encyclopedia:

Note: The OM Encyclopedia is available within the POMS site at

Copyright В©2003 Professor Arthur V. Hillside, Carlson School of Administration, University of Minnesota, [email protected] edu.

The Encyclopedia of Operations Managing Terms

5S concept – See the five S principle. *ABC classification – A way for putting first items depending on the product of the years demand as well as the unit price. The substantial " annual dollar volume” items are classified as " A” item. The low annual dollar quantity items are labeled as " C” products. Based on Pareto's Law, the ABC classification system pushes us to manage " A” items even more carefully. Because of this these item should be bought more often, measured more often, located closer to the doorway, and be expected more properly. Conversely, " C” items are not very essential from a great investment point of view, and thus should be bought rarely rather than counted generally. Some organizations use additional methods for determining the ABC classification -- such as the stockout cost or perhaps the medical criticality of the item. This has not do with Activity Based Costing. Observe Pareto's Legislation. Acceptable Quality Level (AQL) – When ever deciding whether or not to accept a batch, a sample of n parts is usually taken from the batch and an decision is made to agree to the group if the quantity or percent of disorders is better than the AQL. See acceptance sampling. *acceptance sampling – Acknowledgement sampling plans are used to produce accept/reject decisions for each great deal. With credit sampling plans, these decisions are based on a count of the number of flaws and defectives; with adjustable sampling plans these decisions are based on measurements. Plans demanding only an individual sample set are known as single testing plans; double and multiple sampling strategies may require additional samples models. For example , a great attribute solitary sampling program with a test size n=50 and a great accept quantity a=1 needs that a sample of 50 units be inspected. If the quantity of defectives in that sample is definitely one or absolutely no, the great deal is approved. Otherwise it is rejected. Ideally, when a...

Backlinks: and references:

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Online encyclopedia of terminology: On the net glossary of manufacturing terms: Online Japanese people KAIZEN/CI Terms: Online glossary of new product development terms: The APICS Dictionary defines various manufacturing conditions. APICS members receive 1 copy from the dictionary as a part benefit. 102 pp. /1998 APICS Share #01102, $15. 00 non-member -- $10. 00 APICS member. Find www.apics. org. Industrial Anatomist Terminology (2000), an official standard of the American National Standards Institute, defines and crawls technical terminology in 18 subject areas linked to Industrial Architectural. The 12, 000+ explanations can be found in the comprehensive index of each and every term which include cross-references to related terminology or inside each of the following sections: Analytical Techniques & Operations Study; Anthropometry & Biomechanics; Computer & Data Systems; Expense Engineering & Project Supervision; Distribution & Marketing; Staff & Industrial Relations; Executive Economy; Facility Planning & Design; Man Factors (Ergonomics) Engineering; Administration; Manufacturing Systems; Materials Digesting; Occupational Overall health & Security; Organization Planning and Theory; Quality Assurance and Reliability; Job Design and Measurement.

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Copyright В©2003 Mentor Arthur Sixth is v. Hill, Carlson School of Management, University of Minnesota, [email protected] edu.

Prices: IIE Member $110. 00, nonmember $135. 00, 662 Web pages; Hardcover; 2001, ISBN: 0-89806-205-5. See This doc is a group effort intended to benefit the complete POMS community. Please send out corrections and additions to Teacher Arthur Hill at [email protected] edu. The writer thanks Mr. Ron Pergande (CEMBA 2001), Mr. Eishi Kimijima (Carlson MBA 2002), Mr. Rick Christensen (U. of Mn MOT 2002), and many other University of Minnesota and IMD-International students because of their contributions to this document.

Copyright laws В©2003 Mentor Arthur Sixth is v. Hill, Carlson School of Management, College or university of Mn, [email protected] edu.

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