22S: Theory of constraints Flashcards

1
Q

a method of production flow management

A

optimized production technology (OPT)

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2
Q

compared to six sigma and lean manufactuirng, the theory of constraints concentrates its improvement efforts only on

A

the operation that is constraining a critical process or on the weakest component that is limiting the performance of the system as a whole

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3
Q

a production process coordinated to work in harmony to achieve the goals in the firm

A

synchronous manufacturing

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4
Q

Goldratts goal of any firm

A

the goal of a firm is to make money

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5
Q

2 ways to measure performance

A
  1. financial measurements
  2. operational measurements
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6
Q

3 measures of the firms ability to make money (financial measurement)

A
  1. Net profit
  2. Return on investment
  3. Cash flow
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7
Q

an absolute measurement in dollars

A

net profit

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8
Q

a relative measure based on investment

A

return on investment

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9
Q

a suvival measurement

A

cash flow

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10
Q

3 operational measurements

A
  1. throughput
  2. inventory
  3. operating expenses
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11
Q

the rate at which money is generated by the system thorugh sales (goods sold)

A

throughput

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12
Q

all the money that the systme has invested in purcahsing things it intends to sell

A

inventory

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13
Q

all the money that the system spends to turn inventory into throughput

A

operating expenses

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14
Q

money spend

A

value added

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15
Q

whats the goal of the firm from an operational standpoint

A

increase throughput while simultaneously reducing inventory and reducing operating expense

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16
Q

all the actions that bring a company closer to its goals

A

productivity

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17
Q

which is better balanced capacity or unbalanced capacity

A

unbalanced capacity

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18
Q

the ability to do the next process is dependent on the preciding one

A

dependent events

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19
Q

the normal variation about a mean or average (when one process takes longer that the average, the next process cannot make up the time)

A

statistical fluctuation

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20
Q

the normal variation about a mean or average (when one process takes longer thatn the average, the next process cannot make up the time)

A

statistical fluctuation

21
Q

any resource whose capacity is less than the demand palced upon it. is a constraint within the system taht limits throughput

A

bottleneck

22
Q

what to do if there is no bottleneck

A

system should be changed to create a bottleneck

23
Q

the available time for production. this excludes maintenance and other downtime

A

capacity

24
Q

any resource whose capacity is greater than the demand placed on it. it therefore should not be working constantly because it can produce more than is needed

A

nonbottleneck

25
Q

one whose utilization is close to capacity and could be a bottleneck if it is not scheduled carefully

A

capacity constrained resource (CCR)

26
Q

5 time components

A
  1. setup time
  2. processing time
  3. queue time
  4. wait time
  5. idle time
27
Q

the time that a part spends waiting for a resource to be set up to work on this same part

A

setup time

28
Q

the time that the part is being processed

A

processing time

29
Q

the time that a part waits for a resource while the resource is busy with something else

A

queue time

30
Q

the time thgat a part waits not for a resource but for another part so that they can be assembled together

A

wait time

31
Q

the unused time; that is the cycle time - the sum of the setup time, processing time, queue time, and wait time

A

idle time

32
Q

for a bottleneck what time is the greatest

A

queue time

33
Q

for nonbottleneck what time is the greatest

A

wait time

34
Q
  • better tooling
  • higher quality labor
  • larger batch sizes
  • reduction in setup time
A

ways to save time on a bottleneck

35
Q

an hour saved at the bottleneck

A

adds an extra hour to the entire production system

36
Q

an hour saved at a nonbottleneck

A

adds an extra hour to the entire production system

37
Q

strikes the beat that the rest of the system used to function (the control point that is put on the bottleneck since its the best place for control)

A

drum

38
Q

if not the bottleneck, the best place to set the drum is

A

a capacity constrined resource (CCR)

39
Q

inventory in front of a bottleneck

A

buffer/time buffer

40
Q

communication back upstream to A what D had produced so that A provdies only that amount. this keeps inventory from building up

A

rope

41
Q

is of a batch large enough or small enough to be process in a particular lenght of time

A

process bath

42
Q

the movement of part of the process batch

A

transfer batch

43
Q

for bottleneck resources, what batch size is desirable

A

larger batch sizes

44
Q

this sized batch size give lower work in process inventory and faster product flow

A

smaller transfer batch

45
Q

this sized batch give longer lead time and higher inventories

A

larger transfer batches

46
Q

a measurement of the value of inventoru and the time it stays within an area (the total value of inventory * the number of days that inventory spends within a department)

A

dollar days

47
Q

uses backward scheduling

A

MRP

48
Q

uses forward scheduling

A

synchronous manufacturing