business unit 3 aos 3 key points Flashcards
operations managers must be able to
link transformation processes to the activities performed by the areas of the business
strengths of website development
reduces labour and lease costs, business is accessible 24/7
weaknesses of website development
expensive, time consuming, website could crash
strengths of CAM
faster production, greater production consistency
weaknesses of CAM
computer crash, expensive
strengths of CAD
faster production, design can be changed
weaknesses of CAD
computer crashes, expensive
strengths of automated production line
faster production, reduced costs less employees
weaknesses of automated production line
expensive to buy, could break down
strengths of forecasting
ensures business doesnt underproduce, ensures business doesnt overproduce
weaknesses of forecasting
past events may not continue to future, forecasting will always be inaccurate to some degree
strengths of just in time
holding less stock reduces storage costs, reduces risk of waste in storage
weaknesses of just in time
materials must be received at appropriate time, increased transport costs
strengths of MRP and MPS
avoids over or under-producing, predicts the future needs of the business
weaknesses of MRP and MPS
business cant adapt to changes fast, can be difficult to make changes