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CR
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Class A : Represent a small volume of expensive items and should receive the maximum analysis, monitoring and tight inventory management since they rank highest on the importance measure.
Class B : Items have moderate form of inventory. The control need to be exercised at middle level of authority.
Class C : Represents many different items, with each item having low sales can be managed more casually, with a tendency toward “high” inventory level, since not much money involved.
HML : ____ Analysis. In this analysis, the classification of existing inventory is based on unit price of the items. They are classified as high price, medium price and low cost items.
SDE : ___ Analysis. In this analysis, the classification of existing inventory is based on the items.
LOGISTICS : Is the process of planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related information from the point of origin to the point of consumption for the purpose of conforming to customer requirements.
ABC : ___ analysis is an inventory categorization method which consists in dividing items into three categories (A, B, C)
A items : are goods which annual consumption value is the highest; the top 70-80% of the annual consumption value of the company typically accounts for only 10-20% of total inventory items.
B items : are the interclass items, with a medium consumption value; those 15-25% of annual consumption value typically accounts for 30% of total inventory items.
C items : are, on the contrary, items with the lowest consumption value; the lower 5% of the annual consumption value typically accounts for 50% of total inventory items.
Purchase : ________ Order (PO) is a document authorizing a Vendor to deliver prescribed merchandise at the specific price, quantity, date, agreed terms/ conditions, and locations.
Evaluation : Vendor _________ This involves finding potential vendors and determining the likelihood of their becoming good suppliers.
Vendor : ______ Development is the 2nd phase of Vendor Selection.
Negotiations : Approaches taken by the personnel to develop contractual relationships with suppliers.
Kaizen : is a system of continuous improvement in quality, technology, processes, company culture, productivity, safety and leadership.
Six Sigma : A process, product, or service with an extremely high capability (99.99% accuracy).
Benchmarking : is the process of determining who is the very best, who sets the standard, and what that standard is.
Check sheet : is a form (document) used to collect data in real time at the location where the data is generated. The data it captures can be quantitative or qualitative.
scatter : _______ diagram, scatterplot, or scattergraph is a type of mathematical diagram using Cartesian coordinates to display values for two variables for a set of data.
Histogram : is a graphical representation of the distribution of data. It is an estimate of the probability distribution of a continuous variable and was first introduced by Karl Pearson.
Forecasting : is the art of estimating future demand by anticipating what buyers are likely to do under a given set of future conditions.
Sales Forecast : is a projection into the future of expected demand given a stated set of environmental conditions.
Procurement : is the purchase of materials and services from outside organizations to support firm’s operations from production to marketing, sales, and logistics.
Warehouse : a large building where raw materials or manufactured goods may be stored before their export or distribution for sale.
Inventory : a complete list of items such as property, goods in stock, or the contents of a building.
Customer Value : The difference between what a customer gets from a product, and what he or she has to give in order to get it.
Packaging : is the technology of enclosing or protecting products for distribution, storage, sale, and use.
Schedule : or a timetable, as a basic time-management tool, consists of a list of times at which possible tasks, events, or actions are intended to take place, or of a sequence of events in the chronological order in which such things are intended to take place.
Reverse : _______ logistics stands for all operations related to the reuse of products and materials. It is "the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.
Active Stock : Goods in active pick locations and ready for order filling.
Across:2. | is a system of continuous improvement in quality, technology, processes, company culture, productivity, safety and leadership. | 4. | is a projection into the future of expected demand given a stated set of environmental conditions. | 6. | ___ analysis is an inventory categorization method which consists in dividing items into three categories (A, B, C) | 11. | is a graphical representation of the distribution of data. It is an estimate of the probability distribution of a continuous variable and was first introduced by Karl Pearson. | 12. | ___ Analysis. In this analysis, the classification of existing inventory is based on the items. | 14. | Is the process of planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related information from the point of origin to the point of consumption for the purpose of conforming to customer requirements. |
| 17. | is the purchase of materials and services from outside organizations to support firm’s operations from production to marketing, sales, and logistics. | 18. | is the technology of enclosing or protecting products for distribution, storage, sale, and use. | 23. | _______ diagram, scatterplot, or scattergraph is a type of mathematical diagram using Cartesian coordinates to display values for two variables for a set of data. | 24. | _______ logistics stands for all operations related to the reuse of products and materials. It is "the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal. | 25. | ______ Development is the 2nd phase of Vendor Selection. | 26. | Represents many different items, with each item having low sales can be managed more casually, with a tendency toward “high” inventory level, since not much money involved. |
| | Down:1. | are the interclass items, with a medium consumption value; those 15-25% of annual consumption value typically accounts for 30% of total inventory items. | 3. | Vendor _________ This involves finding potential vendors and determining the likelihood of their becoming good suppliers. | 5. | is a form (document) used to collect data in real time at the location where the data is generated. The data it captures can be quantitative or qualitative. | 7. | The difference between what a customer gets from a product, and what he or she has to give in order to get it. | 8. | Represent a small volume of expensive items and should receive the maximum analysis, monitoring and tight inventory management since they rank highest on the importance measure. | 9. | ____ Analysis. In this analysis, the classification of existing inventory is based on unit price of the items. They are classified as high price, medium price and low cost items. | 10. | Approaches taken by the personnel to develop contractual relationships with suppliers. | 13. | is the art of estimating future demand by anticipating what buyers are likely to do under a given set of future conditions. |
| 15. | or a timetable, as a basic time-management tool, consists of a list of times at which possible tasks, events, or actions are intended to take place, or of a sequence of events in the chronological order in which such things are intended to take place. | 16. | Goods in active pick locations and ready for order filling. | 17. | ________ Order (PO) is a document authorizing a Vendor to deliver prescribed merchandise at the specific price, quantity, date, agreed terms/ conditions, and locations. | 19. | are goods which annual consumption value is the highest; the top 70-80% of the annual consumption value of the company typically accounts for only 10-20% of total inventory items. | 20. | a complete list of items such as property, goods in stock, or the contents of a building. | 21. | are, on the contrary, items with the lowest consumption value; the lower 5% of the annual consumption value typically accounts for 50% of total inventory items. | 22. | a large building where raw materials or manufactured goods may be stored before their export or distribution for sale. | 26. | Items have moderate form of inventory. The control need to be exercised at middle level of authority. |
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PuzzleFast.com, Noncommercial Use Only
Across:2. | is a system of continuous improvement in quality, technology, processes, company culture, productivity, safety and leadership. | 4. | is a projection into the future of expected demand given a stated set of environmental conditions. | 6. | ___ analysis is an inventory categorization method which consists in dividing items into three categories (A, B, C) | 11. | is a graphical representation of the distribution of data. It is an estimate of the probability distribution of a continuous variable and was first introduced by Karl Pearson. | 12. | ___ Analysis. In this analysis, the classification of existing inventory is based on the items. | 14. | Is the process of planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related information from the point of origin to the point of consumption for the purpose of conforming to customer requirements. |
| 17. | is the purchase of materials and services from outside organizations to support firm’s operations from production to marketing, sales, and logistics. | 18. | is the technology of enclosing or protecting products for distribution, storage, sale, and use. | 23. | _______ diagram, scatterplot, or scattergraph is a type of mathematical diagram using Cartesian coordinates to display values for two variables for a set of data. | 24. | _______ logistics stands for all operations related to the reuse of products and materials. It is "the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal. | 25. | ______ Development is the 2nd phase of Vendor Selection. | 26. | Represents many different items, with each item having low sales can be managed more casually, with a tendency toward “high” inventory level, since not much money involved. |
| | Down:1. | are the interclass items, with a medium consumption value; those 15-25% of annual consumption value typically accounts for 30% of total inventory items. | 3. | Vendor _________ This involves finding potential vendors and determining the likelihood of their becoming good suppliers. | 5. | is a form (document) used to collect data in real time at the location where the data is generated. The data it captures can be quantitative or qualitative. | 7. | The difference between what a customer gets from a product, and what he or she has to give in order to get it. | 8. | Represent a small volume of expensive items and should receive the maximum analysis, monitoring and tight inventory management since they rank highest on the importance measure. | 9. | ____ Analysis. In this analysis, the classification of existing inventory is based on unit price of the items. They are classified as high price, medium price and low cost items. | 10. | Approaches taken by the personnel to develop contractual relationships with suppliers. | 13. | is the art of estimating future demand by anticipating what buyers are likely to do under a given set of future conditions. |
| 15. | or a timetable, as a basic time-management tool, consists of a list of times at which possible tasks, events, or actions are intended to take place, or of a sequence of events in the chronological order in which such things are intended to take place. | 16. | Goods in active pick locations and ready for order filling. | 17. | ________ Order (PO) is a document authorizing a Vendor to deliver prescribed merchandise at the specific price, quantity, date, agreed terms/ conditions, and locations. | 19. | are goods which annual consumption value is the highest; the top 70-80% of the annual consumption value of the company typically accounts for only 10-20% of total inventory items. | 20. | a complete list of items such as property, goods in stock, or the contents of a building. | 21. | are, on the contrary, items with the lowest consumption value; the lower 5% of the annual consumption value typically accounts for 50% of total inventory items. | 22. | a large building where raw materials or manufactured goods may be stored before their export or distribution for sale. | 26. | Items have moderate form of inventory. The control need to be exercised at middle level of authority. |
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© 2014
PuzzleFast.com, Noncommercial Use Only