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EIDX Glossary of
Terms
Java
- A
platform-independent programming language developed by Sun Microsystems with
the
World Wide Web in mind. It is based on C++ and object-oriented techniques.
I can be used to design an application that runs on a single computer or an
application that is distributed over several computers. A very common use
of Java is to make a web page interactive
build a mini-application - a Java applet - that is embedded within the web page.
Junk Mail
- No, the
internet did not solve this problem. Hard as they may try, the current
variety of anti-spam/junk mail filters invariably let the stuff that's junk get
through
and the stuff that's not junk (from the friend you haven't heard from in years
and
isn't in your e-mail address book) gets nuked.
Just In Time (JIT) - An inventory management methodology where
goods are delivered just before they are needed for manufacturing, eliminating
the necessity to store inventory at the manufacturing location.
-
A JIT strategy should involve all
relevant parts of the supply chain;
if the supplier of the inventory is not utilizing a JIT methodology, JIT
may only serve to shift the cost of carrying inventory to another point in
the supply chain.
- A successful JIT strategy is
aided by use of collaborative
methods, decision support systems,
and closed-loop MRP.
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