| APICS Dictionary 11th Edition |
| A B C D E F G H I J K L M N O P Q R S T U V W X Y Z |
| Y |
Yield
The amount of good or acceptable material available after the completion
of a process. Usually computed as the final amount divided by the initial
amount converted to a decimal or percentage. In manufacturing planning and
control systems, yield is usually related to specific routing steps or to
the parent item to determine how many units should be scheduled to produce a
specific number of finished goods. For example, if 50 units of a product are
required by a customer and a yield of 70% is expected then 72 units
(computed as 50 units divided by .7) should be started in the manufacturing
process. Syn: material yield. See: scrap factor, yield factor.
Yield factor
A measurement of the yield of a process. For a specific process or
operation, yield factor + scrap factor = 1. See: scrap factor, yield.