operations management final Flashcards
(62 cards)
what is the formula for productivity improvement?
outputs/inputs
what is the formula for multi factor productivity
output/labor+materials+oh
what is industry 4.0
the ongoing automation of trad. manufacturing and industrial practices using modern smart technology
what is manufacturing execution system (MES)?
computerized systems used in manufacturing to track and document the transformation of raw materials to finished goods, optimizes output
explain AI in manufacturing
machine learning to natural language processing that allows machines to sense, comprehend, act and learn
what are competitive priorities
the critical operational dimensions a process or supply chain must possess to satisfy its internal customers
what are competitive capabilities?
the measured ability of a process or supply chain to achieve its assigned competitive priorities
which is a characteristic of service provider operations
perishable outputs
which core process includes the activities required to produce and deliver the service or product to the external customer
order fulfillment process
the foundation for managing processes and value chains is
operations strategy
customer contact matrix front office:
high interaction with customers, highly customized service, flexible flows with individualized processes
customer contact matrix- hybrid:
some interaction with customers, standard services with some options, flexible flows with some dominant paths, with some expectations as to how work is performed
customer contact matrix- back office:
low customer interactions, standardized services, line flows, routine work performed the same with all customers
process product matrix- job process
low volume products, made to customer order, customized processes with flexible and unique sequence of tasks
product process matrix- small and large batch processes
multiple products with low to moderate volume, disconnected line flows, moderately repetitive work
product process matrix- line process
few major products, higher volume, connected line, highly repetitive work
process product matrix- continuous flow processes
high volume, high standardization, commodity products, continuous flows
what is process choice?
a way of structuring the process by organizing resources around the process or products
what are the principles of total quality management?
customer satisfaction, employee involvement, continuous improvement in performance
what is the Deming wheel
plan do check act cycle. used by firms actively engaged in the continuous improvement to train their work teams in problem solving
what is acceptance sampling
the application of statistical techniques to determine whether a quantity of material should be accepted or rejected based on the inspection of test or a sample
what is a type 1 error
when the employee concludes that the process is out of control based on a sample result that falls outside of the control limits when it was due to pure randomness
what is a type 2 error
when the process is in control and only randomness is present, when its out of control
definition of x chart
to measure whether the process is generating output, is generally consistent with target value- control chart for variable