Flashcards - Understanding Supply Chain Management

Flashcards - Understanding Supply Chain Management
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theory of constraints
The theory of constraints is a management paradigm that views any manageable system as being limited in achieving more of its goals by a very small number of constraints
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theory of constraints
The theory of constraints is a management paradigm that views any manageable system as being limited in achieving more of its goals by a very small number of constraints
Throughput
In general terms, throughput is the maximum rate of production or the maximum rate at which something can be processed
level production
Production leveling, also known as production smoothing or - by its Japanese original term - heijunka , is a technique for reducing the Mura which in turn reduces muda

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