Resource Management Service AFHQ Air Force Head Quarters AMU Aircraft Maintenance Unit ASD Aircraft Support Division ATAF All Tools Accounted For AWP Awaiting Parts BCM Beyond Capability of Maintenance CDI Certified Duty Inspector CO Commanding Officer FIFO First-In-First-Out FOD Foreign Object Damage (engine damage from foreign materials) FRC Fleet Readiness Center FSS Forward Supply Stores IMA Intermediate Maintenance Activities JIT Just-in-Time LSS Lean Six-Sigma
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Strategic Supply Chain Management: SCM and Lean Management Concepts LAW CHONG SENG University Technology of Malaysia (UTM) cslaw5@live.utm.my‚ mylawcs@gmail.com ABSTRACT One of the most significant paradigm shifts of modern business management is that individual businesses no longer compete as solely autonomous entities‚ but rather within supply chains. In this emerging competitive environment‚ the ultimate success of the business will depend on management’s ability to integrate the company’s
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INTEGRATING PEOPLE‚ PROCESS‚ AND TECHNOLOGY IN LEAN HEALTHCARE by Brock C. Husby A dissertation submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy (Industrial and Operations Engineering) in The University of Michigan 2012 Doctoral Committee: Professor Jeffrey K. Liker‚ Chair Professor Lawrence Martin Seiford Professor Richard Van Harrison Associate Professor Young Kyun Ro
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CASE 6–19 The Case of the Plummeting Profits; Lean Production Required: 1. What characteristic of absorption costing caused the drop in net operating income for the second quarter and what could the controller have said to explain the problem? With absorption costing the net operating income relies on both production and sales so he was correct in his explanation‚ however he could have maybe explained better how since they had an under applied amount of overhead from their reduction in produced
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INTRODUCTION TO PRODUCTION AND OPERATIONS MANAGEMENT Content of module: Introduction to production and operations management‚ definition of ‘production’ and ‘operations’ management‚ meaning‚ scope and history of evolution. INTRODUCTION TO PRODUCTION AND OPERATIONS MANAGEMENT Production is the process by which raw materials and other inputs are converted into finished products. Production and operations management (POM) is the management of an organization’s production system. A production system takes
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McLaughlin Operations Management May 25th‚ 2014 Lean Reflection Throughout our operations management class we have practiced many simulations and experienced several observations on lean manufacturing. Although there are many components of lean manufacturing‚ I have highlighted some of the key points I have absorbed from the class thus far. Lean manufacturing concepts I have learned the most from include the three M’s‚ the five S’s‚ flexible resources‚ total quality management‚ and respect. In the
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Lean Accounting Summary As companies grow‚ they continuously look for ways to save on costs‚ be more productive‚ and overall be more efficient. Many companies are starting to implement lean accounting. The traditional accounting method focuses mainly on reducing costs and creating increased shareholder value‚ whereas lean accounting is mainly focused on increasing capacity‚ creating more customer value‚ and reducing the amount of waste. Successfully changing the accounting system within a company
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Over the past several years‚ increasingly‚ there has been a trend within business and manufacturing community to associate JIT with Lean operations. According to “Reference for Business” Lean methodology is Westernized version of Japanese Just-In-Time system‚ where both of these systems share mostly the same characteristics and goals‚ and often used interchangeably. Whereas there are similarities between these two methodologies‚ there are also principal differences between them. It should be noted
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why lean Lean Manufacturing is not especially new. It is derived from the Toyota Production System or Just in Time Production‚ Henry Ford and other predecessors. The lineage of Lean manufacturing and Just In Time (JIT) Production goes back to Eli Whitney and the concept of interchangeable part in the 1850’s. It was finally when Taichii Ohno and Shigeo Shingo introduced Toyota Production System which in true sense talked about lean manufacturing. Todd(2000) defines lean production as “initiative
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Production Concept in Marketing Management Every company may have different outset and way of thinking towards production of their product. Some may think that if a product is manufactured in bulk‚ it may be made available at number of places and would in turn help the sales to high. Such companies concentrate on mass production and distribution to multiple points. Such products are available at cheap rates to consumer. On the other hand many companies would think that manufacturing less but
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