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Production leveling — Production leveling, also known as production smoothing or – by its Japanese original term – heijunka (平準化?),[1] is a technique for reducing the muda waste and vital to the development of production efficiency in the Toyota Production System and… … Wikipedia
Demand sensing — is a next generation forecasting method that leverages new mathematical techniques and near real time information to create an accurate forecast of demand, based on the current realities of the supply chain. The typical performance of demand… … Wikipedia
Demand leveling — is the deliberate influencing of demand itself or the demand processes to deliver a more predictable pattern of customer demand. Some of this influencing is by manipulating the product offering, some by influencing the ordering process and some… … Wikipedia
Demand response — This article is about the electrical concept. For the transport concept, see Demand responsive transport. A clothes dryer using a demand response switch to reduce peak demand In electricity grids, demand response (DR) is similar to dynamic demand … Wikipedia
Production function — Graph of Total, Average, and Marginal Product In microeconomics and macroeconomics, a production function is a function that specifies the output of a firm, an industry, or an entire economy for all combinations of inputs. This function is an… … Wikipedia
Scale model — A scale model of the Tower of London. This model can be found inside the tower … Wikipedia
Demand curve — An example of a demand curve shifting In economics, the demand curve is the graph depicting the relationship between the price of a certain commodity, and the amount of it that consumers are willing and able to purchase at that given price. It is … Wikipedia
Production–possibility frontier — In economics, a production–possibility frontier (PPF), sometimes called a production–possibility curve or product transformation curve, is a graph that compares the production rates of two commodities that use the same fixed total of the factors… … Wikipedia
Production theory basics — In microeconomics, Production is simply the conversion of inputs into outputs. It is an economic process that uses resources to create a commodity that is suitable for exchange. This can include manufacturing, storing, shipping, and packaging.… … Wikipedia
scale down — v. (D; tr.) to scale down to (to scale down production to decreased demand) * * * (D; tr.) to scale down to (to scale down production to decreased demand) … Combinatory dictionary
Demand-pull theory — For demand pull inflation, see demand pull inflation. In economics, the demand pull theory is the theory that inflation occurs when demand for goods and services exceeds existing supplies.[1] According to the demand pull theory, there is a range… … Wikipedia