A | B |
applied research | Studies existing products to develop design improvements or new product uses. |
benchmarks | The best practices among all competitors. |
continuous process improvement | Increases the quality of work by reducing errors, inefficiencies, and waste. |
custom manufacturing | Building a specific and unique product to meet the needs of one customer. |
extraction and cultivation | Products are obtained from nature or grown using natural resources. |
just-in-time | Goods arrive when needed for production, use, or sale rather than sitting in storage. |
logistics | Managing the acquisition, movement, and storage of supplies, materials, and finished products in a business. |
manufacturing | Combines raw materials and processed goods into finished products. |
mass production | An assembly process that produces a large number of identical products using a continuous, efficient procedure. |
materials processing | Changes the form of raw materials so they can be consumed or used to manufacture other products |
operational plan | Identifies how work will be done, who will do it, and what resources will be needed. |
processing | Changing and improving the form of another product. |
production process | Changing and improving the form of another product. |
pure research | Done without a specific product in mind with the goal of discovering new solutions to problems. |
schedule | Time plans for completing activities. |
standard | A specific measurement against which an activity or result is judged. |