Chapter 3 - Operatiom Management Flashcards

1
Q

Tangible

A

Are goods, which can be touched

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2
Q

Intangible

A

Include services, which cannot be touched

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3
Q

Inputs

A

Are resources used in the process of production

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4
Q

Transformation

A

Is the conversion of inputs (resources) into outputs (goods or services)

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5
Q

Outputs

A

Edwards to the end result of an organisations efforts - the service or product that is delivered or provided to the consumer

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6
Q

Productivity

A

Is a measure of efficiency - the a,punt of output produced compared to the amount of input required in production

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7
Q

Business competitiveness

A

Refers to the ability of an organisation to sell products in a market

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8
Q

Facilities design and layout

A

Involves planning the layout of workspace to streamline the production process

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9
Q

Fixed position layout

A

Deals with large-scale processes, such as the construction of bridges, ships, aircraft or buildings

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10
Q

Product layout

A

Deals with the manufacturing of goods in mass volu,e using an assembly line

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11
Q

Process layout

A

Deals with high varieties of products by grouping activities, equipment and machinery of similar functions together.

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12
Q

Operation management

A

Consists of all the activities In which managers engage to produce goods or service

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13
Q

Lean manufacturing

A

Aims to eliminate waste at every stage of production. It involves analysing each stage of the production process, detecting where ineffective so are and correcting them.

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14
Q

Materials management

A

Is the strategy that manages the use, storage and delivery of materials to ensure the right amount of inputs is available when required in the operations system.

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15
Q

Inventory

A

Is the goods and materials held as stock by an organisation

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16
Q

Materials handling

A

Kids the physical handling of goods in warehouses and at distribution points

17
Q

Production plan

A

Is an outline of the activities undertaken to combine resources (inputs) to create goods or services (outputs)

18
Q

Master production scheduling

A

Details what is to be produced and when

19
Q

Materials requirements planning

A

Involves developing an itemised list of all materials involved in production to meet the specified orders

20
Q

Inventory control

A

Ensures that costs are minimised and that the operations system has access to the right amounts of inputs when required

21
Q

Just in time

A

Is the materials management strategy that ensures that the exact amount of materials inputs will arrive only as they are needed in the operations process

22
Q

Supply chain

A

Is the range of the suppliers from which the organisation purchases materials and resources

23
Q

Quality

A

Refers to the degree of excellence of goods or services and their fitness for a stated purpose

24
Q

Quality control

A

Involves the use of inspections at various points in the production process to check for problems and defects.

25
Q

Quality assurance

A

Involves the use of a system so that an organisation achieve set standards in production

26
Q

Total quality management

A

Is an ongoing, organisation-wide commitment to excellence that is applied to every aspect of the organisation operation.

27
Q

Quality circles

A

Are groups of workers who meet to solve problems relating to quality

28
Q

Continuous improvement

A

Involves an ongoing commitment to achieving perfection

29
Q

Robotics

A

Are highly specialised forms of technology capable of complex tasks

30
Q

Computer aided design

A

Is a computerised design tool that allows a business to create product possibilities from a series of input parameters

31
Q

Computer aided manufacture

A

Is software that designs and controls manufacturing processes

32
Q

Six sigma

A

Is a quality management approach that seeks to identify and remove the causes of problems in operations process, achieving virtually defect-free production

33
Q

Social responsibility

A

Is the obligations a business has over and above its legal responsibilities to the wellbeing of employees and costumers, shareholders and the community as well as the environment

34
Q

Ethical management

A

Refers to the process of abiding by moral standards and doing the ‘right’ thing in the interests of all stakeholders