Manufacturing is the process or series of interrelated steps by which a company produces by hand or by machine a product. Once the goods are complete they become a finished good.  The manufacturing process can include:

• Research and Development.
• Selection of materials to be used.
• Planning.
• Production or Transformation of Materials.
• Management of all aspects.
• Quality assurance.
• Marketing.

  Muri is the overburdening of operators or equipment.  Muri often asks or sometimes requires either people or machines to work much harder and much longer than a regular or "appropriate" schedule would. 

  Muda is one of the three origins of waste.  The phrase muda means uselessness or wastefulness.  There are two types of Muda that are non-value added activities.  

  The waste of motion or movement is any motion or movement by people and or machines that does not add or create value.

  Multiple Regression is a form of regression analysis that explains the relationship of "multiple" predictor or independent variables with one dependent variable. 

  A moving average is a statistical technique that can be used to get a better understanding of the trends within a (X) number of periods or a data set.  It does this by gathering the average of a defined subset within a series of numbers. 

  The mission of an organization is often depicted as a statement.  It is a written statement which defines an organization's core purpose.  According to the business dictionary a properly crafted mission statement:

1. Serves as a filter to separate what is important from what is not. 
2. Clearly state which markets will be served and how.
3. Communicates a sense of direction to the entire organization.

  The mission can be described as the causal factor, which ultimately creates or moves the company in the direction of the vision (effect).  Another way to discern or understand the difference between an organizations vision and their mission is to look for the difference between future and present.  A vision is future based.  It is "where" you are headed.  The mission on the other hand explains why the organization exists.  

Reference: Business Dictionary - Mission Statement

  A make to order production environment is one in which manufacturing or in the case of a service, service, starts only after receiving a customer's order. 

  A make to stock production strategy is used mostly in forecasting environments.  The Apics dictionary 14'th edition defines Make to Stock as a production environment where products can be and usually are finished before receipt of a customer order.  Customer orders are typically filled from existing stocks and production orders are used to replenish stocks.

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