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Financial Terms | |
computer-aided design (CAD) |
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Definition of computer-aided design (CAD)computer-aided design (CAD)a system using computer graphics for product designs
Related Terms:computer-aided manufacturing (CAM)the use of computers to control production processes through numerically computer integrated manufacturing (CIM)the integration of two or more flexible manufacturing systems through the use of a host computer and an information networking system design for manufacturability (DFM)a process that is part of the project management of a new product; concerned with finding optimal solutions to minimizing product failures flexible manufacturing system (FMS)a production system in which a single factory manufactures numerous variations Just-in-time manufacturingThe term for several manufacturing innovations that just-in-time manufacturing systema production system that attempts to acquire components and produce inventory only as needed, to minimize product defects, and to manufacturing cella linear or U-shaped production grouping of workers or machines ![]() manufacturing cycle efficiency (MCE)a ratio resulting from dividing the actual production time by total lead time; Manufacturing resource planningAn integrated, computerized system for planning manufacturing resource planning (MRP II)a fully integrated materials requirement planning system that involves Manufacturing resource planning (MRP II)An expansion of the material requirements planning concept, with additional computer-based capabilities in the areas of Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |