1.3 Operations process Flashcards
1
Q
What is the transformation process and its stages?
A
The process involved in adding value to a product, the stages are input, transformation and then output
2
Q
What are transforming resources?
A
Human resources and facilities
3
Q
What are transformed resources?
A
Materials and information
4
Q
What are sources external information vs internal information?
A
External:
* Market reports
* Australian Bureau of Statistics (ABS)
Internal:
* Financial reports
* Key performance indicators (KPI)
5
Q
Case study points for apple
A
- Spends 8 billion in research and development annually
- 85% of suppliers are from asia, allowing for centralised production
- Foxcon employs 1.2 million for production and pay $11 to 18-21 year olds produce an iPhone
- Design in California, production in China
6
Q
What is operational volume?
A
Mass producing economies of scale
7
Q
What are influences of using volume
Advantages and disadvantages
A
