Modification

Modification

1) A one-time change to a standard bill of material or routing for a specific production order 2) The addition of custom programming code to a standard software system to create or enhance a specific function.

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Part of Speech: noun
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Industry/Domain: Software
Category: Supply chain
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modification

Education; SAT vocabulary

A change.

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Legal services; Family law

To change an existing court order because of a change in circumstances.

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Biotechnology; Genetic engineering

1. Enzymatic methylation of a restriction enzyme DNA recognition site. 2. Specific nucleotide changes in DNA or RNA molecules.

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Banking; Refinance

A loan modification is a change to the original terms of your loan. Loan modifications could include lowering your interest rate, extending the term or maturity date of the loan, ...

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Fire safety; Prevention & protection

An alteration or adjustment to any component that is a deviation from the original specifications or design of the fire apparatus.

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Software; Supply chain

A process capability index measuring the ratio between actual spread (upper control limit minus lower control limit) divided by allowable or expected spread as measured by ...

Theory of Inventive Problem Solving (TRIZ)

Software; Supply chain

The Russian acronym for Theory of Inventive Problem Solving, a technique that attempts to define a specific problem as a system and identify elements in the system that need ...

Wagner-Whitin algorithm

Software; Supply chain

A dynamic programming lot sizing model that evaluates multiple alternatives that consider period demand and production, holding, and setup costs to produce an optimal lot size ...

Winters 3 parameter

Software; Supply chain

A forecast method that incorporates exponential smoothing, seasonality and trend analysis.

European Article Number (EAN)

Software; Supply chain

A superset of the Universal Product Code that includes the base UPC code and two or three additional characters that indicate the country that issued the number (not necessarily ...

Fourier series

Software; Supply chain

A method that defines a periodic or discontinuous function as a series of sine and cosine waves, and can be used to predict a value or the level of system response.

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