Chapter 3: Operations Processes Flashcards
4 common direct \_\_\_\_\_\_ include: • labour • energy • raw materials • machinery and technology capital What's missing?
Inputs
________ refers to the money provided by the owners to finance a business’s activities
What’s missing?
Capital
\_\_\_\_\_\_\_\_\_\_ \_\_\_\_\_\_\_\_\_ are those inputs that are changed or converted in the operations process, these include: • materials • information • customers What's missing?
Transformed resources
_________ are the basic elements used in the production process and consists of two types:
• raw materials
• intermediate goods
Materials
_____ _________ are the essential substances in their unprocessed state
What’s missing?
Raw materials
____________ ________ are goods manufactured and used in further manufacturing or processing
What’s missing?
Intermediate goods
___________ is the knowledge gained from research, investigation and instruction, which results in an increase in understanding
What’s missing?
Information
__________ ___________ ____________ (CRM) refers to the systems that business use to maintain customer contact
What’s missing?
Customer relationship management
______ are the resources used in the transformation (production) process
What’s missing?
Inputs
____________ ___________ are those inputs that carry out the transformation process, these include:
• human resources
• facilities
What’s missing?
Transforming resources
________ refer to the plant (factory or office) and machinery used in the operations processes
What’s missing?
Facilities
_______ _________ coordinate and combine other resources to produce goods and services
What’s missing?
Human resources
Operation processes relevant to _____________ include:
• influence of volume, variety, demand, visibility
• sequencing and scheduling
• technology, task design, plant (office/factory layout)
• monitoring of processes, control of processes and improvement
What’s missing?
Transformation
_____ _____ is the time it takes for an order to be fulfilled from the moment it is made
What’s missing?
Lead time
___ _______ is the mix of products made, or services delivered through the information process
What’s missing?
Mix flexibility
________ processes are influenced by:
• Volume - how much of a product is made
• Variety - the range of products made
• Variation in demand - the amount of a product desired by consumers
• Visibility - the nature and amount of customer contact (feedback)
What’s missing?
Transformation
_______ refers to the order in which activities in the operations process occur
What’s missing?
Sequencing
_______ refers to the length of time activities take within the operations process
What’s missing?
Scheduling
The ____ ____ is a type of bar chart that shows both the scheduled and completed work over a period of time. It is often used in planning and tracking a project
What’s missing?
Gantt chart
The ______ ____ ______ (CPA) is a scheduling method of technique that shows what tasks need to be done, how long they take and what order is necessary to complete these tasks
What’s missing?
Critical Path Analysis
________ is the application of science or knowledge that enables people to do new things or perform established tasks in new and better ways
What’s missing?
Technology
______ are used in engineering and specialised areas of research, as well as on assembly lines where a programmable machine capable of doing several different tasks is required
What’s missing?
Robotics
_______-_____ ______ (CAD) is a computerised design tool that allows businesses to create product possibilities from a series of input parameters
What’s missing?
Computer-aided design