Chapter 3 - Operatiom Management Flashcards
Tangible
Are goods, which can be touched
Intangible
Include services, which cannot be touched
Inputs
Are resources used in the process of production
Transformation
Is the conversion of inputs (resources) into outputs (goods or services)
Outputs
Edwards to the end result of an organisations efforts - the service or product that is delivered or provided to the consumer
Productivity
Is a measure of efficiency - the a,punt of output produced compared to the amount of input required in production
Business competitiveness
Refers to the ability of an organisation to sell products in a market
Facilities design and layout
Involves planning the layout of workspace to streamline the production process
Fixed position layout
Deals with large-scale processes, such as the construction of bridges, ships, aircraft or buildings
Product layout
Deals with the manufacturing of goods in mass volu,e using an assembly line
Process layout
Deals with high varieties of products by grouping activities, equipment and machinery of similar functions together.
Operation management
Consists of all the activities In which managers engage to produce goods or service
Lean manufacturing
Aims to eliminate waste at every stage of production. It involves analysing each stage of the production process, detecting where ineffective so are and correcting them.
Materials management
Is the strategy that manages the use, storage and delivery of materials to ensure the right amount of inputs is available when required in the operations system.
Inventory
Is the goods and materials held as stock by an organisation