3.4 Operations. Flashcards

1
Q

9 Operational objectives

A

Quality, costs, flexibility, efficiency, innovation, environment, speed of response, dependability and added value.

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2
Q

Internal factors

A

Nature of product, availability of resources, other dep

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3
Q

External factors

A

competitors performance, market conditions, demand for product, changing customer needs, new tech

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4
Q

Productivity

A

Measures how much each employee produces

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5
Q

Unit costs

A

Total costs divided by units output

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6
Q

Capacity

A

Maximum output with the resources currently avaliable

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7
Q

Capacity utilisation

A

How much capacity a business is using

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8
Q

Efficiency

A

Getting more output from a given amount of input

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9
Q

Lean production methods

A

JIT, Time Based Management and Kaizen

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10
Q

Capital intensive

A

Lots of machinery

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11
Q

Labour intensive

A

People-heavy

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12
Q

Robotic engerneering

A

Using robots can reduce staffing costss

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13
Q

Computer technology

A

CAD can make companies more efficient

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14
Q

Quality control

A

Checking goods as you make them to see if anything is wrong with them

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15
Q

Quality assurance

A

Measures into the production process to make sure nothing goes wrong in the first place and assumes you can prevent errors.

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16
Q

Total quality management

A

Whole workforce is committed to quality improvements. Every department focuses on quality to improve overall quality of products and services.

17
Q

Kaizen

A

Employees should be adjusting their work slightly all the time.

18
Q

Inventory control charts

A

LOOK AT THEM!!! Exam q’s xx

19
Q

Outsourcing

A

When businesses contract out some activities to other business rather than doing them in house

20
Q

Mass customisation

A

Method of producing to order. Combined the flexibility of a custom - made product with the low cost of mass production.

21
Q

6 things to look for in a supplier

A

Price, quality, capacity, reliability, flexibility and payment terms

22
Q

Supply chain

A

process of developing, sourcing, producing and providing goods and services to consumers