Lecture 10 Flashcards

1
Q

Quality meaning in operations management

A

Always meeting customer expectations

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2
Q

Benefits of producing according to specifications

A

Externally:
- Customer has clearer pircture of the product
- Fewer customer complaints

Internally:
- Throughput (amount of data moved successfully) increases
- Dependability (in terms of time) increases
- Waste (time, effort) decreases
- Costs decreases

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3
Q

How to assess quality characteristics of goods

A

With a variable (measurable):
[-Durability - product lifespan]
[Reliability - avg. time between 2 failures]

With an attribute (eval. by question):
[Appearance - did product have the correct color]
[Functionality - Does the product work]

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4
Q

TQM Total Quality Management characteristics

A

-Focus on customer needs & expectations
-Includes all parts of organization
-Involves all employees
-Takes into account all costs related to quality
-Develops procedures and systems for quality control & improvement
-Never stops

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5
Q

Costs of a recall

A

-Crisis team
-Removing product from market
- Investigating and adressing
- PR management

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6
Q

Risk management steps

A
  1. Prevent failure
  2. Mitigate (Limit) the consequences of failur
  3. Recover from consequences of failure
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7
Q

Mitigation actions in risk management

A
  1. Mitigation planning - identifying all potential disruptions and how to reduce them
  2. Economic mitigation - insurance
  3. Spacial Containment - preventing disruptin from physically spreading internally or externally
  4. Temporal containment - preventing disruption from spreading over time
  5. Loss reduction - Reducing consequences by moving resources
  6. Replacement - compensating for disruption by replacing affected resources
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