Manufacturing and Production Performance Metrics

This set of vocabulary flashcards provides English definitions for key manufacturing, logistics, and quality management metrics found in the lecture transcript.

Number of items manufactured in a given period

A quantitative measurement of the total products produced within a specific timeframe.

Idle capacity

The portion of a production facility's capacity that is currently unused or not in operation.

Capacity utilization

The extent to which a company or a plant actually uses its installed productive capacity.

In standard operating efficiency

A metric evaluating the performance of operations relative to established organizational or industry norms.

Machine downtime

The periods during which manufacturing equipment is not working or is unavailable for production.

Machine set up time

The duration required to prepare and configure a machine for a specific manufacturing task or product run.

Inventory turns rate

A metric indicating how many times a company has sold and replaced its inventory during a given period.

Quality

The baseline standard or measure of excellence for products based on their characteristics and performance.

First pass yield

The percentage of items that are manufactured correctly to specifications without any need for rework or scrap on the first attempt.

Delivery time

The total time elapsed between the start and finish of a delivery process.

Overall equipment effectiveness

A measure of the reliability and productivity of manufacturing equipment.

Unscheduled downtime per machine

The amount of unplanned time that a machine is out of service due to failures or unexpected issues.

Scrap rate

The percentage of raw materials or produced units that are rejected and discarded as waste.

Overtime rate

The ratio or amount of hours worked by employees beyond their standard scheduled shifts.

rework

The process of correcting or reprocessing non-compliant products to meet quality standards.

Customer returns

Units of product that are sent back to the manufacturer or seller by the consumer.

Work output

The yield rate or the amount of work/product successfully produced.

Production cycle average length

The mean duration of time required to complete one full cycle of production.

Planning reliability

The degree of accuracy and dependability of the production schedule and planning processes.

Work queue density

The concentration or level of inventory items waiting in a line to be processed.

Work in process level

The quantity of unfinished goods that are currently in various stages of the production line.

Equipment use

The degree or manner in which machinery and production equipment are employed in operations.

Machine stoppage rate

The frequency or rate at which machinery operation is interrupted.

Compliant products rate

The percentage of manufactured goods that satisfy the required standards and specifications.

Health and safety incidence rate

The frequency of workplace-related accidents or safety-related events during a specific period.

Quality audit

The systematic examination of a quality system to verify compliance with standards.

On time delivery

The metric measuring the shipping of products to customers according to the scheduled delivery date.

Training hours

The total amount of time invested in the professional instruction and development of employees.

Employee turnover

The rate at which staff members leave the organization and are replaced by new hires.

Output rate per workstation

The measure of productivity and yield generated by an individual station within the production line.