Operations management final exam Flashcards
A type of scheduling where capacity is not considered. Example: professors don’t take into consideration how much work students have to do for other classes so they assign a lot of assignments
Infinite loading
A type of scheduling that takes order into consideration. Example: first come first serve
Forward to scheduling
Hey type of scheduling Capacity is considered example: this is too much
Finite loading
Looks at the order and it goes backwards.
Backwards scheduling
How long you were in the system
Flow time
Hey time phase plan specifying how many and where and when the firm plans to build each and model
Master production scheduling (msp)
Three things needed for material requirements planning (MRP)
- Bill of materials ( list of what you need to build the products)
- Master production schedule (Someone has to order the parts)
- Inventory record file
Activities designed to achieve a high volume production using minimal inventories
Lean production
Each step in the supply chain should create value
Value chain
Freeing of employees from watching a machine over and over again to reduce boredom
Jidoka
A production strategy where production matches the demand
Chase
Production strategy where production is constant
Level