RADICAL PROCESS IMPROVEMENT (RPI)
A method of reducing a process that may usually take months to happen, to make it happen in a much shorter period of time. An acceleration process that is sued in times
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A method of reducing a process that may usually take months to happen, to make it happen in a much shorter period of time. An acceleration process that is sued in times
A slip or chit that is given when an item is on sale and is unavailable for any reason. Gthe peron is able to buy the item when supplies are restocked. The
The gradual increase in energy, manpower or quantities. Often when a production begins only a small quantity is produced. Over a period of time more and more is produced and moremoney is
This is a plan for retirement that it is only made available to workers employed by the railroad. Other employers not employed by the railroad are not eligible for this retirement benefit.
A device that will translate vector images into images that can be printed by dot matrix printers, laser printers and recognised by scanning equipment. It will produce a bitmap of an image.
A quantity of paper. A measurement that is used to represent 24 sheets of paper traditionally. Now it is used to represent 25 sheets of paper.
A method of decision making that ranks the importance of each project. They are ranked by a set of criteria such as cash flow, risk factors, capital appreciation. The allocation of capital
The value of a property on the real estate market. This value is based on the annual rent received for the property. A ratable value will be assessed to determine if any
The adjustment of a computerised image so that it can be printed by a dot matrix printer or laser printer. The image will be adjusted in such a way that it becomes
The discount that is applied by the retailer or wholesaler when a certain quantity of a product is brought by the one person. The discount will be applied to a one time
This term is used to describe the increase in a commodity. This increase will occur after a fall or decline in the value of a product. Often a term that is heard
Similar to racism where a person is deemed inferior because they belong to a different race of people. That race is a determination of the behaviour that is seen in human beings.
The amount that a consumer creates by demanding an item. The demand for an item will initiate a set quantity of an item be available for purchase.
A chart that is used to control the s tability of the variables of a product. A product will be stable over a set range of variables and it will tracked during
The general employees that do not include the managerial positions and department heads. It derives from a military term where soldiers stood according to rank and in lines or files.
A model that is 3 dimensional and generated by a computer from a CAD drawing. The creation of this prototype model is made using different techniques. These techniques are selective laser sintering,
Body of thought that uses classical management theories and behavioural sciences. It uses complex mathematical models.
The variability that is contained within a process that cannot be determined. These fluctuations and variations are caused by erratic and irregular actions that are the result of random chance. These random
1. The quality of an object that allows it to be rated or appriased under certain criteria. 2. A proportionate ratio of the whole. 3. A taxable quantity.
A report on company practices or finances that is released at quarterly intervals. The report is usually made available to stock holders and interested parties.