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A situation where a firm does not allocate space to the storage of components or completed items, but instead manufactures them when required.
A small-scale production process centred on manual skills.
Refers specifically to the computer control of machines for the purpose of manufacturing complex parts. Machines are controlled by a program commonly called a “G code”. Each co
A situation where a company keeps a small stock of components ... just in case of a rush order.
The production of large amounts of standardized products on production lines, permitting very high rates of production per worker.
The costs that must be paid out before production starts, for example, machinery.
A volume production process involving machines controlled by humans.
An individual (often craft-produced) article or a prototype for larger-scale production.
The mass production of a product via a flow line based on the interchangeability of parts, pre-processing of materials, standardization and work division.
Costs that vary with output, for example, fuel or raw materials.
The use of computers to aid manufacturing.
A volume production process involving machines controlled by computers.
A specific manufacturing term, sometimes relating to one material group only
Limited volume production (a set number of items to be produced).
A sophisticated CIM system that manufactures products to individual customer orders.
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