Optimized production technology (OPT)

Optimized production technology (OPT),

Definition of Optimized production technology (OPT):

  1. Production scheduling and inventory control system that (unlike manufacturing resource planning) recognizes bottlenecks (capacity constraints) and does not aim at full capacity utilization at all times. OPTs objective is to simultaneously raise throughput while reducing inventory and operating costs, and achieve a smooth, continuous flow of work in process.

Meaning of Optimized production technology (OPT) & Optimized production technology (OPT) Definition