Quiz 1 Sessions 1,2,3 Flashcards

1
Q

production

A

creation of goods and services

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2
Q

operations management

A

the set of activities that creates goods and services by transforming inputs into outputs

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3
Q

objective of operations management

A
  • provide the goods and services needed to meet requirements effectively
  • create and maintain transformation processes that are efficient and ethical
  • continuously improve the outputs and the system’s efficiency

(ie, provide goods and services effectively, create/maintain processes that are efficient, improve the outputs/efficiency)

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4
Q

productivity

A

ratio of outputs divided by one or more inputs

productivity=outputs produced/inputs used

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5
Q

single factor productivity

A

indicates the ratio of one resource to the goods and services produced

eg, output/labour

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6
Q

multifactor productivity

A

output / (labour + material + energy + capital + miscellaneous)

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7
Q

task time

A

time from start of work on a unit to the completion of that unit at a given task

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8
Q

cycle time

A

time from completion of one unit to the completion of the next unit

(cycle time = bottleneck time)

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9
Q

throughput time

A

time from start of work on a unit at task 1 to the completion of work on that unit at task 5; includes wait time

(sum of all processing times of all tasks + any wait time)

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10
Q

WIP (work in process)

A

inventory that is no longer raw material but has yet to become a finished product

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11
Q

why/when does WIP occur

A

due to line imbalances (eg, bottleneck) so it builds up before the bottleneck task

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12
Q

bottleneck

A

limits production and contsrains output rate; sets ceiling on rate at which units move through process so it then determines the cycle time

the most highly used resource

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13
Q

output rate

A

number of units that can be produced per unit of time

can be calculated with cycle time (ie, process capacity)

output rate = 1 / cycle time

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14
Q

capacity

A

another term used for output rate for a process stage or the overall process (ie, it is a measure of output per unit of time)

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15
Q

process capaity

A

a measure of the output rate for the process and is determined by the bottleneck

depends on the level of resources deployed at process stages and the effectiveness of the resources utilized

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16
Q

tasks and resources

A

tasks are performed by resources (eg, labour and equipment); the bottleneck will be the most highly utilized resources

17
Q

relative measure

A

compares to similar operations within the industry or the same operation over time

18
Q

how to improve process capacity

A

-decrease time to perform bottleneck
-increase resources at bottleneck
-re-assign work for balance (more resources or less work at bottleneck)
-extend the operating period
-reduce waste at bottleneck

19
Q

parallel processes

A

eg, adding a second worker to the bottleneck task