WALTON

It is a time required to produce a batch of parts

The process of analyzing jobs for the purpose of setting time standards.

It uses stopwatch to time the work.

The function of specifying the work activities of an individual or group in an organization setting.

Includes the time the unit spends actually being worked on, together with the time spent waiting in a queue.

It is comparing the metrics of one company to another.

The ratio of output to input.

Having a fixed time for the movements of items through the process.

The customer orders are served from target stocking level.

Stage that limits the capacity of the process.