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Definition
| weaknesses in a system where small changes can result in major improvements in performance |
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| approach to systems development that is normally iterative and that focuses on keeping with certain best practices |
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| graphic technique that emphasizes the chain of decisions relating to a particular subsystem |
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| dedicated software package |
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Definition
| a commerically available software package that is intended for a narrow audience |
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| an approach to systems development in which the initial plans and designs are subject to revision as the project develops |
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| structured-English type of systems documentation that includes provisions for error conditions and data file access |
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| rational unified process RUP |
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Definition
| a four-phase iterative development process and software product from IBM that focuses on achieving milestones at the end of each phase |
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| a written document that incorporates both short and long run goals relating to the company's systems development effort |
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| the process of understanding existing systems and problems, describing information needs, and establishing priorities for further systems work |
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| systems development life cycle |
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| the concept that every systems development project goes through essentially the same process or life cycle of systems analysis, systems design, and systems implementation |
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| computer packages that meet the specific needs of an individual situation with minimal design work |
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| a synonym for the big design up front approach to systems development |
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| ABC activity based costing |
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| a system that calculates several overhead rates, one for each manufacturing activity, and uses these rates to build product costs from the costs of the specific activities undertaken during production |
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| lists the raw materials necessary to produce a product |
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| CIM computer integrated manufacturing system |
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Definition
| integrates the physical manufacturing system and the MRP II systems |
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| an element that influences the total cost of an activity |
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| EOQ economic order quantity |
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Definition
| the order quantity that minimizes total inventory cost |
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| FMS flexible manufacturing system |
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Definition
| CAM system that incorporates programmable production processes that can be reconfigured quickly to produce different types of products |
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| production costs are assigned to production orders |
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| identifies and specifies the sequencing of all labor operations and or machine operations necessary to produce a product |
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| production costs are compiled by department rather than by job |
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| quick response manufacturing system |
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Definition
| CIM system in which the physical manufacturing system and the MRP II systems are integrated with AIT |
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Definition
| the level of inventory at which it is desirable to order or produce additional items to avoid an out of stock condition |
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| documents that indicate the sequence of operations required to manufacture a product |
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| statistical process control |
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Definition
| procedures used to determine whether a manufacturing process is under control, which involve comparing process outputs to engineering specifications |
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Definition
| having a purchaser/retailer use a vendor's product codes as its own product codes for the same products |
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| counters in receiving do not have access to quantities shown on purchase orders |
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| the accumulation of several invoices from the same vendor and the payment of these invoices with a single check |
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| the business process of selecting a source, ordering, and acquiring goods or services |
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| document issued to a vendor to initiate a purchase |
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| document used to request a purchase |
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| prepared to document the receipt of deliveries from vendors |
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| documents used to request competitive bids from vendors |
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| a collection of documents that are reviewed and approved to authorize a disbursement |
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