OPERATION MANAGEMENT ABBREVIATION TCM TQM VFM SCM CNC DSRO MRP ASRS GERT AQL LP PERT CRAFT CAD AOQ SPT ISO MTM WIP SRAC USP CRP CIM MTBF VAM EMQ ABFS MBO SPM BOLT DNC FMS LOB CR SQC CM OT VA CBA IFCI AOQ ICICI ABC PPC
Total Cost Management Total Quality Management Value For Money Supply Chain Management Computerised Numerically Controlled Dynamic Slack Per Remaining Operation Maximum Retail Price / Material Requirement Planning Automated Storage & Retrieval System Graphical Evaluation & Review Technique Acceptable Quality Level Linear Programming Programme Evaluation And Review Technique Computerised Relative Allocation of Facilities Technique Computer Aided (Or Assisted) Design Average Outgoing Quality Shortest Processing Time International Standards Organization Methods Time Measurement Work in Process Short Run Average Cost Unique Selling Proposition Capacity Requirement Planning Computer Integrated Manufacturing Mean Time Between Failures Vogel’s Approximation Method Economic Manufacturing Quantity Alternative Basic Feasible Solution Management By Objectives Special Purpose Machine Build, Operate, Lease And Transfer Direct Numerical Control Flexible Manufacturing System Line of Balance Critical Ratio Statistical Quality Control Cellular Manufacturing Overtime Value Analysis Cost Benefit Analysis Industrial Finance Corporation of India Average Outgoing Quality Industrial Credit And Investment Corporation of India Always Better Control Production Planning And Control
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OPERATION MANAGEMENT ABBREVIATION LCL ST MP MC UC EFT LFT EST CPM FIFS FIFO SPT MDD SSRO DSRO EDD LPT LE BD CT EBQ ELS EMQ HRP SQC GOLF IMIS MPS OEM VAT ILO MAPE SDE RFQ OCC IPPS PMTS BIS OCC BOM 5S TOT CRM COPQ
Lower Control Limit Standard Time Maximum Production Machine Capacity Utilisation of Capacity Earliest Finish Time Latest Finish Time Earliest Start Time Critical Path Method First In First Served First In First Out Shortest Processing Time Minimum Due Date Static Slack for Remaining Operations Dynamic Slack for Remaining Operations Earliest Due Date Longest Processing Time Line Efficiency Balance Delay Cycle Time Economic Batch Quantity Economic Lot Size Economic Manufacturing Quantity Human Resource Planning Statistical Quality Control Government, Ordinary, Local And Foreign Integrated Management Information System Master Production Schedule Original Equipment Manufacturer Value Added Tax International Labour Organization Mean Absolute Percent Error Scarce, Difficult and Easy To Procure Request for Quotation Operating Characteristic Curve Integrated Production Planning System Predetermined Motion Time Systems Bureau of Indian Standard Operating Characteristic Curve Bill of Materials Seiri, Seiso, Seiton, Seiketsu, Shisuke Transfer Of Technology Customer Relationship Management Cost of Poor Quality
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OPERATION MANAGEMENT ABBREVIATION 89
LTPD
Lot Tolerance Percentage Defective
90
DNC
Direct Numerical Control
AFTWAYS
Always Fair Times Automated Guided Vehicles
91 92 93 94 95 96 97 98 99
AGVS
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100
3
