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A lead time is the latency between the initiation and completion of a process. For example, the lead time between the placement of an order and delivery of new cars by a given manufacturer might be between 2 weeks and 6 months, depending on various particularities.
Engineer to order is a production approach characterized by: [1] Engineering activities need to be added to product lead time. Upon receipt of a customer order, the order engineering requirements and specifications are not known in detail. There is a substantial amount of design and engineering analysis required.
Delivery lead time is the blue bar, manufacturing time is the whole bar, the green bar is the difference between the two. Order fulfilment (in American English: order fulfillment) is in the most general sense the complete process from point of sales enquiry to delivery of a product to the customer.
The DR-DP-Matrix summarizes the main methods to measure delivery reliability (DR) and delivery performance (DP) within supply chains. It categorizes the methods by three criteria: Type of reference: First Confirmed Date (FCD) / Last or Best Confirmed Date (LCD or BCD) / Customer Request Date (CRD)
Payment for order flow is a common practice in the investing world that lets retail brokers be paid by market makers, wholesalers and others in exchange their retail clients’ orders to buy and ...
Demand flow technology (DFT) is a strategy for defining and deploying business processes in a flow, driven in response to customer demand. DFT is based on a set of applied mathematical tools that are used to connect processes in a flow and link it to daily changes in demand.
In operations management and industrial engineering, production flow analysis refers to methods which share the following characteristics: Classification of machines; Technological cycles information control; Generating a binary product-machines matrix (1 if a given product requires processing in a given machine, 0 otherwise)
Flow Shop Ordonnancement. Flow-shop scheduling is an optimization problem in computer science and operations research.It is a variant of optimal job scheduling.In a general job-scheduling problem, we are given n jobs J 1, J 2, ..., J n of varying processing times, which need to be scheduled on m machines with varying processing power, while trying to minimize the makespan – the total length ...