28 Operations strategy Flashcards
Computer-aided design (CAD)
The use of computer programs to create two or three-dimensional (2D or 3D) graphical representations of physical objects.
Computer-aided manufacturing (CAM)
The use of computer software to control machine tools and related equipment in the manufacturing of components or complete products.
Operational flexibility
The ability of a business to vary both the level of production and the range of products following changes in consumer demand.
Operational flexibility
The ability of a business to vary both the level of production and the range of products following changes in consumer demand.
Process innovation
The use of new much-improved production methods or service delivery methods.
Enterprise resource planning (ERP)
The use of a single computer application to plan the purchase and use of resources in an organization to improve operational efficiency.
Kaizen
A Japanese term meaning continuous improvement.
Quality circles
It is based on worker involvement in improving quality, using small groups of employees to discuss quality issues.
Simultaneous engineering
Product development is organized so that different stages are done at the same time instead of in sequence.
Cell production
Flow production is split into self-contained groups that are responsible for a complete unit of work.
Dummy activity
A device to show the logical dependency between activities, but which consumes no time and no resources themselves.
Critical path analysis
A planning technique that identifies all tasks in a project, puts them in a correct sequence, and allows for the identification of the critical path.
Critical path
The sequence of activities must be completed on time for the whole project to be completed by the agreed date.
Network diagram
Diagram used in critical path analysis that shows the logical sequence of activities and the logical dependencies between them, so the critical path can be identified.
Earliest start time (EST)
An activity can not begin before this time.
