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

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2
Q

Hierarchy of operations

A
  1. Analysis at the supply network level (strategic analysis)
  2. Analysis at the operation level
  3. Analysis at the process level (operational analysis)
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3
Q

4 V model

A

Distinguish different types of models
1. Volume
2. Variety
3. Variation
4. Visibility

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4
Q

Operations strategy vs. operations management

A
  1. Timescale
    (management - short term; strategy - long term)
  2. Level of analysis
    (management - micro; strategy - macro)
  3. Level of aggregation
    (management - detailed; strategy - aggregated)
  4. Level of abstraction
    (management - concrete; strategy - philosophical)
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5
Q

Four perspectives on OPS strategy

A

Inside-out vs. Outside-in perspective
Top-down vs. Bottom-up perspective

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6
Q

Content of operations strategy

A

collection of decisions that are made within the operations stratey domain

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7
Q

Performance objectives

A
  1. Quality
  2. Speed
  3. Dependability
  4. Flexibility
  5. Cost
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8
Q

Decision areas

A
  1. Capacity
  2. Supply network
  3. Process technology
  4. Development and organization
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