Sac 3 Flashcards
(33 cards)
Tangibles
Are good, which can be touched
Intangibles
Includes services, which cannot be touched
Inputs
Are resources in the process of transformation.
Material, capital equipment, labour, time, money, information
Transformation
Is the conversion of inputs (resources) into outputs (goods/services)
Eg -
Outputs
Refer to the end result of an organisations effort - the service or product that is delivered or provided to the consumer
Eg -
Productivity
Is a measure of efficiency - the amount of output produced compared to the amount of input required in production
Business competitiveness
Refers to the ability of an organisation to sell products in a market
Facilities design amd layout
Involves planning the layout of workspace to streamline he production process
Fixed position layout
Deals with large scale processes, such as the construction of bridges, ships, aircrafts or buildings
Product layout
Deals with the manufacturing of goods in mass volume using an assembly line
Process layout
Deals with high varieties of products by grouping activities, equipment and machinery of similar function together
Lean manufacturing
Aims to eliminate waste at every stage of production. It involves analysing each stage of the production process, detecting where inefficiencies are and correcting them
Materials management
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
Inventory
Is the goods and materials held as stock by an organisation
Materials handling
Is the physical handling of goods in warehouses and at distribution points
Production plan
Is an outline of the activities undertaken to combine resources (inputs) to create goods or services (outputs)
Master production scheduling
Details what is to be produced and when
Materials requirements planning
Involves developing an itemised list of all materials involved in production to meet the specified Odets
Inventory control
Ensures that costs are minimised amd that the operations system has access to the right amounts of inputs when required
Just in time
Is a materials management strategy that ensures that the exact amount of material inputs will arrive only as they are needed in the operations process
Supply chain
Is the range of suppliers from which the organisation purchases mAterials amd resources
Quality
Refers to the degree of excellence of goods or services amd their fitness for a stated purpose
Quality control
Involves the use of inspections at various points in the production process to check for problems amd defects
Quality assurance
Involves the use of a system so that an organisation achieves set standards in production