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  2. Capacity planning - Wikipedia

    en.wikipedia.org/wiki/Capacity_planning

    To calculate the total capacity available, the volume is adjusted according to the period being considered. The available capacity is the difference between the required capacity and planned operating capacity. Capacity is needed in formulation and execution of strategy as this refers to how capable are the resources in the organization.

  3. Overall labor effectiveness - Wikipedia

    en.wikipedia.org/wiki/Overall_Labor_Effectiveness

    When employees cannot perform their work within standard times, performance can suffer. Effective training can increase performance by improving the skills that directly impact the quality of output. A skilled operator knows how to measure work, understands the impacts of variability, and knows to stop production for corrective actions when ...

  4. Manufacturing resource planning - Wikipedia

    en.wikipedia.org/wiki/Manufacturing_resource...

    Manufacturing Resource Planning or Management resource planning (or MRP2) - Around 1980, over-frequent changes in sales forecasts, entailing continual readjustments in production, as well as the unsuitability of the parameters fixed by the system, led MRP (Material Requirement Planning) to evolve into a new concept .

  5. Facility condition index - Wikipedia

    en.wikipedia.org/wiki/Facility_Condition_Index

    To calculate an FCI, a facility manager or third party assessment professional needs to quantify the cost of maintenance, repair and replacement deficiencies. This is typically the outcome of a facility condition assessment. The current replacement value is defined as what monetary value the organization places on the facility.

  6. Master production schedule - Wikipedia

    en.wikipedia.org/wiki/Master_production_schedule

    Due to software limitations, but especially the intense work required by the "master production schedulers", schedules do not include every aspect of production, but only key elements that have proven their control effectivity, such as forecast demand, production costs, inventory costs, lead time, working hours, capacity, inventory levels ...

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  8. Throughput (business) - Wikipedia

    en.wikipedia.org/wiki/Throughput_(business)

    Using Little's Law, one can calculate throughput with the equation: = where: I is the number of units contained within the system, inventory; T is the time it takes for all the inventory to go through the process, flow time; R is the rate at which the process is delivering throughput, flow rate or throughput.

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    AOL Mail welcomes Verizon customers to our safe and delightful email experience!

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