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LCL
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Lower control limit of a Control Chart calculated based on the average range (within subgroup) and the grand mean (between subgroup) of the data.
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Lead-Time
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The total time a customer must wait to receive a product after placing an order.
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Lean
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Removal of non-value added activities (8 Wastes) resulting in improved delivery of product or service at the most efficient return on investment.
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Line Balancing
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Balancing of Cycle Times at each operation to be less than or equal to Takt Time.
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Linearity
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A measure of deviation from a linear relationship between two variables, or the issue of Linearity, where a measurement system has changing variation across its usable range of measure.
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LSL
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Lower limit of the engineering specification – independent of the control limit of a process.
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