pack-out quantity

a small batch equal to the number of parts/units that can be moved through the value stream in an efficient flow. While takt time is customer driven, pack-out quantity may or may not be. See pitch and takt time.

paradigm

a fundamental idea about reality, frequently unquestioned and difficult to change, that conditions all our thinking about and even our physical perceptions of the world or some aspect of experience. Paradigms about running a business include assumptions about mass production, innovation, selling, management, stakeholders, systems, and marketing. For example, when confronted with a problem, a traditional manufacturing paradigm will cause us to ask who and defect control will focus on inspection. A lean paradigm will ask why and defect control will focus on prevention.

The following are examples of paradigms that were too limiting also known as famous last words: (1) Heavier than air flying machines are impossible. Lord Kelvin, c. 1895. (2) I think there is a world market for about five computers. Thomas J. Watson, 1943. (3) With over fifty foreign cars already on sale here, the Japanese auto industry isn t likely to carve a big slice out of the U.S. market for itself. Business Week, 1968,

paradoxical thinking

instead of forcing a choice between opposites, an attempt is made to integrate the benefits of both.

parallel hub...