What is Monument?

Any design, schedule or production technology with large-scale requirements and long changeover times, requiring that designs, orders or products be brought to it and wait in a…

Meaning and application in management

Any design, schedule or production technology with large-scale requirements and long changeover times, requiring that designs, orders or products be brought to it and wait in a queue for processing. See: Capital Linearity, Right-Sized Tools.

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Related term

Brownfield

Production facilities usually managed according to the philosophy of mass production. Compare with : Greenfield.

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