A constraint is a circumstance that prevents an organization from achieving higher levels of performance. Constraints typically result from limiting factors such as a shortage of skilled labor, materials, production capacity, or sales volume, and must be eliminated or reduced to improve performance. Constraints are also integral in linear programming problem statements.
Labor and materials that can be identified physically in the product produced. Direct costs for an apartment building, for example, are construction materials and labor; indirect costs include architect's fees, interest during construction, insurance, and builder's overhead and profit allowance.
A Lineal Foot, also known as a Linear Foot, is a measure of length equivalent to one foot, measured in a straight line along the ground. It is commonly used in construction, real estate, and various fields requiring precise measurement of distance or length of materials. Unlike square feet or cubic feet, a lineal foot is a single dimension length measurement.
A term used to describe products or materials that are of lower quality. Low-grade items often lack the durability, strength, or aesthetic appeal of higher-grade alternatives.
Materials represent the production supplies that are acquired by an organization as revenue expenditure from third parties. These are essential for manufacturing final products and are categorized into direct and indirect materials.
In both artistic and communication contexts, 'medium' refers to the method, instrument, or material used to convey messages or create works.
Specifications are detailed instructions provided in conjunction with product plans or purchase orders. They may stipulate the type of materials to be used, special construction techniques, dimensions, colors, or a list of the qualities and characteristics of a product.
