Glossary of Manufacturing Related Terms
There are 70 entries in this glossary.
Other Glossaries Available:
| Term | Definition |
|---|---|
| Real Value |
Attributes and features of a product or service that, in the eyes of customers, are worth paying for. [See Value Added, Non-Value Added] |
| Resource Activation |
Using a resource regardless of whether throughput is increased. [See Resource Utilization ] |
| Resource Utilization |
Using a resource in a way that increases throughput. [See Resource Activation] |
| Right-size |
Matching tooling and equipment to the job and space requirements of lean production. |
