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This is usually preceded by an initial operating capability or initial operational capability (IOC) phase. For the United States Department of Defense military acquisition FOC is defined as " in general attained when all units and/or organizations in the force structure scheduled to receive a system have received it and have the ability to ...
Capacity utilization or capacity utilisation is the extent to which a firm or nation employs its installed productive capacity (maximum output of a firm or nation). It is the relationship between output that is produced with the installed equipment, and the potential output which could be produced with it, if capacity was fully used. [ 1 ]
APICS defines S&OP as the "function of setting the overall level of manufacturing output (production plan) and other activities to best satisfy the current planned levels of sales (sales plan and/or forecasts), while meeting general business objectives of profitability, productivity, competitive customer lead times, etc., as expressed in the ...
Capacity planning is the process of determining the production capacity needed by an organization to meet changing demands for its products. [1] In the context of capacity planning, design capacity is the maximum amount of work that an organization or individual is capable of completing in a given period.
Capability management is the approach to the management of an organization, typically a business organization or firm, based on the "theory of the firm" as a collection of capabilities that may be exercised to earn revenues in the marketplace and compete with other firms in the industry.
The capacity (load) that one can safely pick-up and operate without flipping or nose-diving the equipment. Not to be confused with Operating weight. [citation needed] [1] The definitive range of operating capacity is the asset within which a company hopes to operate—commonly during a short-term period. [2]
Capacity buffers: ideally a JIT system would work with zero breakdowns, this however is very hard to achieve in practice, nonetheless Toyota favors acquiring extra capacity over extra WIP to deal with starvation. Set-up reduction: typically necessary to achieve mixed-model production, a key distinction can be made between internal and external ...
Declaration of an initial operating capability may imply that the capability will be developed in the future, for example by modifications or adjustments to improve the system's performance, deployment of greater numbers of systems (perhaps of different types), or testing and training that permit wider application of the capability. [4]