Production Facility

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  • 1 Types
Definitions
Cellular Layout
Cellular Layout Production Facility Manufacturing Process Optimization Lean Manufacturing Industrial Engineering
A cellular layout is an organization of a production facility where items with similar processing requirements are grouped together.
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Definitions
Cost of Goods Manufactured (COGM)
Cost of Goods Manufactured Manufacturing Cost Direct Materials Direct Labor Manufacturing Overheads Production Facility Accounting Period
The Cost of Goods Manufactured (COGM) represents the total production cost of finished goods transferred from a production facility to inventory over an accounting period.
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Definitions
Idle Time
Idle Time Idle Capacity Waiting Time Production Facility Labor Hours Machine Hours Operation Downtime
The time, usually measured in labor hours or machine hours, during which a production facility is unable to operate.
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