Search results
Results From The WOW.Com Content Network
The book-to-bill ratio, also known as the BB ratio or BO/BI ratio, [1] is the ratio of orders received to the amount billed for a specific period, usually one month or one quarter. It is widely used in the technology sector and especially in the semiconductor industry, where the semiconductor manufacturing equipment (SME) book-to-bill ratio is ...
A process flow diagram (PFD) is a diagram commonly used in chemical and process engineering to indicate the general flow of plant processes and equipment. The PFD displays the relationship between major equipment of a plant facility and does not show minor details such as piping details and designations.
The flow process chart is a graphical and symbolic representation of the activities performed on the work piece during the operation in industrial engineering. [ 1 ] History
Demand for items from inventory is continuous and at a constant rate; Production runs to replenish inventory are made at regular intervals; During a production run, the production of items is continuous and at a constant rate; Production set-up/ordering cost is fixed (independent of quantity produced) The lead time is fixed
In operations management and industrial engineering, production flow analysis refers to methods which share the following characteristics: Classification of machines; Technological cycles information control; Generating a binary product-machines matrix (1 if a given product requires processing in a given machine, 0 otherwise)
Role of Production Planning in the Production Cycle. Production planning is the planning of production and manufacturing modules in a company or industry. It utilizes the resource allocation of activities of employees, materials and production capacity, in order to serve different customers. [1]
Using Little's Law, one can calculate throughput with the equation: = where: I is the number of units contained within the system, inventory; T is the time it takes for all the inventory to go through the process, flow time; R is the rate at which the process is delivering throughput, flow rate or throughput.
A Pareto chart is a type of chart that contains both bars and a line graph, where individual values are represented in descending order by bars, and the cumulative total is represented by the line. The chart is named for the Pareto principle , which, in turn, derives its name from Vilfredo Pareto , a noted Italian economist.