Definition of Manufacturing Chain Terms
Process - the
name for the stage, assembly, subassembly, work center, work station, etc.
each sales item is routed through.
Product - the
name for each component of the sales items at each process that it is
routed
through.
Machine Type
- the name of the type of machines, work station, person, etc. at
each process the product components can be run on.
Function
- The name of the production-related variable at each process for each standard (100% units/machine hour, %
efficiency, priority load factor) and each user-defined resource (such as
variable margins, variable costs, direct labor, etc.) to be used in the
analysis.
Standards
- The values at each process for the three standards (100%
units/machine hour, % efficiency, priority load factor) named as
functions defined by Process, Product, Machine Type. Other standards
can be defined as resources.
Resources
- The values at each process for the resources (user defined such as
variable margins, variable costs, direct labor, etc.) used in the analysis
defined by Process, Product, Machine Type.