Production

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Question		Answer
lead time start learning		the length of the time that lapses between placing an order for something and receiving it
purchasing power start learning		the number of goods or services which can be bought by a group of people, a sector, an organisation etc.
optimum capacity start learning		the most efficient level of production or output, with the result that production costs are kept to a minimum
assembly line start learning		a production system where a product moves slowly through a factory as new parts are added it
finished goods start learning		complete products that are ready to sell
product recall start learning		the removal from sale of an item that might be dangerous to the people who have bought it
offshore production start learning		the manufacture production of goods in another country for import to the domestic market
planned obsolescence start learning		designing products so they have a limited time of working and need to be replaced often
supply chain start learning		manufacturers, distributors who make, deliver and sell products to the customer
zero defects start learning		having no faults
resource allocation start learning		assigning people and machines to project in a way that optimises production and results
raw materials start learning		basic items which have to be treated in some way before they can be used
manufacturing cost start learning		the money needed to make a product
random sampling start learning		esting a few items from the line of products before they are sent for sale
capacity planning start learning		measuring the amount of work that can be done within a certain amount of time, how many people and machines will be needed

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