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APICS BOS Vocab F
APICS CPIM Basics of supply chain dictionary words F
| Question | Answer |
|---|---|
| Firm planned order (FPO) | A planned order that can be frozen in qty and time. The computer is not allowed to change it automatically; this is the responsibility of the planner in charge of the item that is being planned. This aids the planner working with MRP |
| Five focusing steps - Definition | In TOC, a process to continuously improve organizational profit by evaluating the production system and mkt mix to determine how to make the most profit using the system constraint. |
| Five focusing steps - Steps | 1.Identifying the constraint to the system. 2.Deciding how to exploit the contraint 3.Subordinating all nonconstraints to the constraint 4.Elevating the constraint to the system 5.Returning to step 1 |
| Five Ss | Sort Simplify Scrub Standardize Sustain |
| Five whys | Ask Whys 5 times, find the root cause on the 5th why |
| Flow shop | |
| fixed-location storage | |
| fixed order quantity | |
| fixed overhead | |
| fixed-position manufacturing | |
| field service | |
| final assemble schedule (FAS) | |
| finished goods inventory | |
| finite forward scheduling | |
| finite loading | |
| fixed cost | |
| flowchart | |
| flow processing | |
| fluctuation inventory | |
| forecast | |
| forecast error | |
| forward scheduling | |
| four P's | |
| freight consolidation | |
| freight forwarder | |
| functional layout |
Created by:
chrisheecho
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