Supply Chain Management: Definitions and explanations page 7 PDF Book

Learn supply chain management terms with definitions and explanations, SCM terminologies (Page 7) for MBA degree programs.


  1. What is Limited, or Finite, Population?
    A populace is called limited in the event that it is conceivable to check its people. ...
  2. What is Line Balancing?
    Line-adjusting technique is to make generation lines adaptable enough to retain outside and inward inconsistencies. there ...
  3. What is Line Layout?
    In assembling designing, an item format alludes to a generation framework where the work stations and ...
  4. What is Line of Fit?
    At the point when there is a connection between two factors, regularly it's a direct relationship, ...
  5. What is Linear programming (LP)?
    Straight programming (lp, additionally called direct streamlining) is a technique to accomplish the best result, (for ...
  6. What is Linear-regression analysis?
    The study of relationship of additive, linear between different variables and used in almost all statistical ...
  7. What is Littles Law?
    Little's law was named after the american john little (1950s). it characterizes the connection between the ...
  8. What is Load Report?
    A load implies the amount of work, and allotting the amount of work to the procedures ...
  9. What is Loading?
    Burden arranging typifies the different methods for stacking a dispatch, regardless of whether to have beds ...
  10. What is Local-Area Network (LAN)?
    A local area network is that interconnects pcs inside a constrained region, for example, a living ...
  11. What is Location?
    Location area choices assume a vital job in the coordination's exercises engaged with store network the ...
  12. What is Locational Cost Volume Analysis?
    The transportation model tends to the idea of moving a thing starting with one spot then ...
  13. What is Logistics Management?
    Coordination is commonly the definite association and execution of a mind boggling activity. in a general ...
  14. What is Logistics?
    Logistics is utilized all the more extensively to allude to the way toward planning and moving ...
  15. What is Long Thin Process?
    In trade, long thin process, the administration of the progression of merchandise and ventures, includes the ...
  16. What is Long-Term Capacity Management?
    Long term capacity management is the way toward deciding the generation limit required by an association ...
  17. What is Lot tolerance Percentage Defective (LTPD)?
    The ltpd of an inspecting plan is the degree of value routinely dismissed by the testing ...
  18. What is Lot-for-Lot?
    It is called discrete order quantity, and is a strategy for parcel measuring, where the net ...
  19. What is Lot-Sizing Decision?
    Generally, part estimating choices in stock administration exchange off the expense of putting orders against the ...
  20. What is Low-Cost Leadership?
    Those firms which prefer low-cost leadership strategies developed the large volume of products at a very ...
  21. What is Low-Level Coding?
    A low-level programming language is a programming language that gives practically no deliberation from a pc's ...
  22. What is M-Form Organization?
    M-form structures essentially implies that there is one parent organization, and that parent organization claims littler ...
  23. What is MacLeamy Curve?
    Macleamy would contend that moving plan exertion advances is to serve structure. anyway the arrangement of ...
  24. What is Maintenance?
    The specialized significance of maintenance includes practical checks, adjusting, fixing or supplanting of fundamental gadgets, hardware, ...
  25. What is Maintenance Repair Operating (MRO) Inventory?
    Mro things are supplies used in the creation procedure, that isn't conclusively found at last items ...
  26. What is Maintenance?
    One thing that is regularly disregarded yet assumes a noteworthy job in keeping the store network ...
  27. What is Make-or-buy decision?
    Due to increase globalization firms always tried to get product or material at very cheap rate. ...
  28. What is Make-to-Order?
    Mto (make to order) is an assembling procedure wherein assembling begins simply after a client's organization ...
  29. What is Make-to-Stock?
    In mts (make to stock), items are made dependent on interest conjectures. since exactness of the ...
  30. What is Management Information Systems (MIS?
    An administration information framework is an electronic database of money related data composed and customized so ...
  31. What is Manufacturability and value engineering?
    Firms use this method to add value in their products and services with the help of ...
  32. What is Manufacturing cycle time?
    Assembling process duration alludes to the time required or spent to change over crude materials into ...
  33. What is Manufacturing Resource Planning (MRP II)?
    Mrp ii or manufacturing resource planning is characterized as a strategy for the powerful arranging of ...
  34. What are Maquiladoras?
    It is a spanish term used in usa for factory which operated under free tariffs and ...
  35. What are Market Requirements?
    A market requirements record, or a mrd, is a vital archive composed by an item chief ...
  36. What is Mass customization?
    Mass customization is the new wilderness in business for both assembling and administration enterprises. at its ...
  37. What are Mass Processes?
    Mass scale manufacturing is a strategy for generation that uses an institutionalized procedure of making tradable ...
  38. What are Mass Services?
    Mass services is the principle eucharistic ritualistic administration in numerous types of western christianity. the term ...
  39. What is Master Production Schedule (MPS)?
    Master booking pursues total arranging of material in plant manufacturing. it communicates the general plans as ...
  40. What is Master Production Schedule?
    An ace generation calendar is an arrangement for individual wares to be created in each time ...
  41. What is Material Requirements Planning (MRP)?
    Material necessities arranging is a framework for ascertaining the materials and parts expected to fabricate an ...
  42. What is Material Requirements Planning II (MRP II)?
    Assembling resource planning is an incorporated data framework utilized by organizations. assembling resource planning (mrp ii) ...
  43. What is Materials Requirement Planning (MRP)?
    Material resource planning (mrp) is a generation arranging, booking, and stock control framework used to oversee ...
  44. What are Matrix Organizational Forms?
    A matrix association is characterized as one in which there is double or numerous administrative responsibility ...
  45. What is Maximax?
    The maximax guideline includes choosing the elective that boosts the greatest result accessible. this methodology would ...
  46. What is Maximin?
    The maximin standard includes choosing the elective that boosts the base result reachable. the speculator would ...
  47. What is Mean Absolute Deviation (MAD)?
    This tells the organizations about the variation in the data and it is the calculation of ...
  48. What is Mean Absolute Percent Error (MAPE)?
    Organizations use this to measure the predicted accuracy of a forecasting technique in statistics such as ...
  49. What is Mean Squared Error (MSE)?
    It is the measuring of average of squares of the errors. mse is most of the ...
  50. What is Mean time between failures (MTBF)?
    To improve unwavering quality in the production network, organizations are going to transportation the executives. with ...
  51. What is Method Study?
    Technique study is the way toward exposing work to precise, basic examination to make it progressively ...
  52. What is Methods analysis?
    Techniques investigation is the investigation of how work is finished. while work configuration demonstrates the structure ...
  53. What is Milestones?
    A milestones achievement is an errand of zero term that demonstrates a significant accomplishment in a ...
  54. What is Mission?
    Companies used mission statements to describe the purpose and goal for existence in a very simple ...
  55. What is Mitigation?
    Mitigation is the push to decrease death toll and property by reducing the effect of calamities. ...
  56. What is Mix Flexibility?
    The mix flexibility is to deal with a wide scope of items or variations by utilizing ...
  57. What is Mixed Strategy?
    Registering a blended system has one component that frequently seems befuddling. assume that row will randomize. ...
  58. What are Modular Bills?
    Boms are of various level in nature, with the top level speaking to the completed item ...
  59. What is Modular design?
    That organization used this approach are subdivided the systems into different small modules that perform or ...
  60. What are Modules?
    A module over a ring is a speculation of the idea of vector space over a ...