Learning Objectives

Upon completion of this chapter, the reader should be able to:

4.1 Explain the relationship between materials requirements, capacity planning, and inventory.

4.2 State the relationship of throughput time to inventory.

4.3 Compare the order cycle as a link and as a set of activities.

4.4 Identify the components that impact customer satisfaction.

4.5 Compare objective and subjective measures of quality.

4.6 Discuss the concepts of conformance and specifications as they relate to the quality of materials.

4.7 Define maintenance, repair, and operating supplies by how they factor into materials management.

4.8 Define standard and nonstandard tooling related to specifications.