Manufacturing system that uses computer-controlled technology to produce different goods in varying volumes. manufacturing methodology based on maximizing value and minimizing waste in the manufacturing process. method of monitoring quality through random sampling of products and plotting variances from standard. the use of computers to assist in the design and development of products. computerized system that uses sales forecasting in determining appropriate inventory levels of materials. computerized system that integrates business functions such as purchasing, inventory control, sales, finance, and hr into a single database. combining applications such as cad, cam, and other computer systems to streamline the manufacturing process. inventory system in which materials or supplies are delivered when required and neither sooner nor later.