Muda

A Japanese term for waste used in Lean management.

Multi-Currency

The ability to process orders using a variety of currencies for pricing and billing.

Multinational Company

A company that produces and markets products in different countries.

Multiple-Car Rate

A railroad rate that is lower for shipping more than one carload, rather than just one carload at a time.

Multi-Skilled

Pertaining to individuals who are certified to perform a variety of tasks.

Mura

Japanese for inconsistency or unevenness in a process.

Muri

Japanese for straining or overburdening a process.