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inventory or goods or stockpiling?
Tangible items awaiting sale or use. Page 9 2nd Ed, Page 11 Click here for Hint
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bill of materials or inventory or project?
A unique collection of activities creating a particular outcome. Page 15 2nd Ed, Page 17 Click here for Hint
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incident or robustness or ethics?
complex adaptive system A natural or artificial entity that consists of many semi-autonomous parts, whose actions and interactions define the behavior and success of the whole. 2nd Ed, Page 8 Click here for Hint
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value creation or sustainability or scientific management?
Achieving positive value-added. Page 3 2nd Ed, Page 3 Click here for Hint
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scientific management or sustainability or ethics?
Principles governing conduct, delineating good from bad. Page 7 2nd Ed, Page 9 Click here for Hint
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remanufacturing or NGO or lean?
Production of finished goods from the recycled components of returned goods. 2nd Ed, Page 6 Click here for Hint
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green Assures sustainability. ethics or lean or green?
Page 6 2nd Ed, Page 6 Click here for Hint
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planning horizon or incident or value-added?
The farthest point in the future considered in decision making. Page 18 2nd Ed, Page 22 Click here for Hint
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strategy or productivity or business analytics?
A measurement of value creation, calculated as a ratio of the values of output to input. Page 3 2nd Ed, Page 3 Click here for Hint
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planning horizon or tactics or iterative planning?
Deliberately adjusting plans at short intervals, to reflect new information. Page 16 2nd Ed, Page 19 Click here for Hint
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lean or green or sustainability?
Operating without waste. Page 6 2nd Ed, Page 6 Click here for Hint
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strategy or tactics or business analytics?
A methodology and resulting plan that identifies the long-term goals of an organization. Page 18 2nd Ed, Page 21 Click here for Hint
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tangibility or responsibility or sustainability?
The degree of perceivable, physical essence of a product. Page 8 2nd Ed, Page 10 Click here for Hint
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supply chain or NGO or biomimicry?
A nongovernmental organization, understood to be a nonprofit organization as well. Page 13 2nd Ed, Page 16 Click here for Hint
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processes or supply chain or operations?
A set of activities dedicated to the transformation of inputs into outputs of greater value. Page 2 2nd Ed, Page 2 Click here for Hint
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responsibility or productivity or sustainability?
An obligation to perform. Page 7 2nd Ed, Page 9 Click here for Hint
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biomimicry The imitation of natural processes and systems.
biomimicry or supply chain or incident? biomimicry The imitation of natural processes and systems. Page 5 2nd Ed, Page 6 Click here for Hint
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tactics or processes or value creation?
Activities that transform inputs into outputs. Page 3 2nd Ed, Page 3 Click here for Hint
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goods or inventory or project?
Tangible products. Page 8 2nd Ed, Page 10 Click here for Hint
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scientific management or business analytics or local optimization?
Continuous investigation of business performance using large volumes of data. Page 18 2nd Ed, Page 22 Click here for Hint
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bill of materials A description of all raw
inputs or bill of materials or processes? bill of materials A description of all raw materials and intermediate assemblies required to create a finished product. Page 10 2nd Ed, Page 13 Click here for Hint
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biomimicry or NGO or redundancy?
Duplication of an element within a system. 2nd Ed, Page 8 Click here for Hint
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NGO or scientific management or value chain?
A system consisting of’ all functions within an organization that play some role in adding value to the organization’s product. Page 12 2nd Ed, Page 14 Click here for Hint
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green or sustainability or ethics?
The degree to which activity with immediate benefit does not incur greater costs in the long term. Page 4 2nd Ed, Page 4 Click here for Hint
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robustness or lean or tactics?
Providing stable reliability despite changing conditions. 2nd Ed, Page 7 Click here for Hint
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ethics or business analytics or scientific management?
A methodology stressing the use of data collection and analysis to redesign processes and improve efficiency. Page 14 2nd Ed, Page 17 Click here for Hint
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bill of materials or stockpiling or business analytics?
Producing or securing goods in advance of demand. Page 9 2nd Ed, Page 11 Click here for Hint
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project or incident or planning horizon?
An unscheduled event requiring immediate resolution. Page 16 2nd Ed, Page 19 Click here for Hint
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goods or value-added or stockpiling?
The difference between the total value of the outputs and the total value of the inputs associated with an operation. Page 3 2nd Ed, Page 33 Click here for Hint
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biomimicry or bill of materials or supply chain?
A system consisting of all organizations that play some role in supplying a particular product to a customer. Page 11 2nd Ed, Page 13 Click here for Hint
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responsibility or productivity or tactics?
Means to pursue strategic goals with available resources. Page 18 2nd Ed, Page 21 Click here for Hint
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ethics or scientific management or local optimization?
Localized problem solving that ignores any larger problem of which the local decision is a component. Page 12 2nd Ed, Page 15 Click here for Hint
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goods or services or productivity?
Intangible products. Page 8 2nd Ed, Page 10 Click here for Hint
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