Chapter 1 Flashcards
1
Q
The transformation model
A
Transformed and transforming resources go through a series of processes to be turned into products/services
2
Q
Hierarchy of operations
A
- Analysis at the supply network level (strategic analysis)
- Analysis at the operation level
- Analysis at the process level (operational analysis)
3
Q
4 V model
A
Distinguish different types of models
1. Volume
2. Variety
3. Variation
4. Visibility
4
Q
Operations strategy vs. operations management
A
- Timescale
(management - short term; strategy - long term) - Level of analysis
(management - micro; strategy - macro) - Level of aggregation
(management - detailed; strategy - aggregated) - Level of abstraction
(management - concrete; strategy - philosophical)
5
Q
Four perspectives on OPS strategy
A
Inside-out vs. Outside-in perspective
Top-down vs. Bottom-up perspective
6
Q
Content of operations strategy
A
collection of decisions that are made within the operations stratey domain
7
Q
Performance objectives
A
- Quality
- Speed
- Dependability
- Flexibility
- Cost
8
Q
Decision areas
A
- Capacity
- Supply network
- Process technology
- Development and organization