Companies
Abbreviations
Planning and Control of Operations
Random
100
Founded by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976, to develop and sell personal computers. An American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services.
What is Apple
100
A request by a Buyer to a Seller which the Buyer can accept by signing the Seller's offer letter.
What is RFQ (Request for Quotation)
100
The time between successive units coming off the end of an assembly line.
What is (Workstation) Cycle time
100
The second largest country in the world by land mass. Also called the “Great White North”
What is Canada
200
Founded by Jeff Bezos in Bellevue, WA it is an American electronic commerce and cloud computing company with headquarters in Seattle, Washington. It is the largest Internet-based retailer in the United States.
What is Amazon
200
___ is the order quantity that minimizes the total holding costs and ordering costs. It is one of the oldest classical production scheduling models.
What is EOQ (Economic Order Quantity)
200
A statistical term to describe the quality goal of no more than 3.4 defects out of every million units. Also refers to a quality improvement philosophy and program.
What is six-sigma
200
The National Football League team to win the first Super Bowl in 1967.
What is the Green Bay Packers?
300
Founded by Frederick W. Smith in Memphis Tennessee. An American global courier delivery services company headquartered in Memphis, Tennessee.
What is Fedex
300
A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. In the event that the buyer is unable to make payment on the purchase, the bank will be required to cover the full or remaining amount of the purchase
What is LC (Letter of Credit)
300
The sequence(s) of activities in a project that form the longest chain in terms of their time to complete.
What is critical path
300
The location of the baseball Hall of Fame.
What is Cooperstown, New York
400
Founded in 1907 by James E. Casey, it is now the world's largest package delivery company and a provider of supply chain management solutions.
What is UPS
400
Founded in 1915, and formally known as the National Association of Purchasing Management, this organization boasts more than 40,000 purchasing and supply management professionals.
What is ISM (Institute for Supply Management)
400
is an assembly-line methodology developed originally for Toyota and the manufacturing of automobiles. It is also known as the Toyota Production System or just-in-time production.
What is lean manufacturing
400
This actor is the most recent actor to have won the academy award for Best Actor in a Leading Role two years in a row in 1993 and 1994.
What is Tom Hanks
500
An American historical multinational beverage corporation and manufacturer, retailer, and marketer of nonalcoholic beverage concentrates and syrups, which is headquartered in Atlanta, Georgia.
What is Coca-Cola
500
Created in 1957 by 20 production control managers. This association has evolved into a strategic partner to global corporations and provides supply chain education programs.
What is APICS
500
is the process of determining the production ability/limits needed by an organization to meet changing demands for its products.
What is capacity planning
500
The athlete that has won the most Olympic Medals. Most of which in the 2008 Olympic Games in Bejiing.
What is Michael Phelps
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