Sac 3 Flashcards

(33 cards)

1
Q

Tangibles

A

Are good, which can be touched

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2
Q

Intangibles

A

Includes services, which cannot be touched

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3
Q

Inputs

A

Are resources in the process of transformation.

Material, capital equipment, labour, time, money, information

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4
Q

Transformation

A

Is the conversion of inputs (resources) into outputs (goods/services)
Eg -

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5
Q

Outputs

A

Refer to the end result of an organisations effort - the service or product that is delivered or provided to the consumer
Eg -

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6
Q

Productivity

A

Is a measure of efficiency - the amount 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 amd layout

A

Involves planning the layout of workspace to streamline he production process

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9
Q

Fixed position layout

A

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

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10
Q

Product layout

A

Deals with the manufacturing of goods in mass volume 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 function together

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12
Q

Lean manufacturing

A

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

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13
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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14
Q

Inventory

A

Is the goods and materials held as stock by an organisation

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15
Q

Materials handling

A

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

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16
Q

Production plan

A

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

17
Q

Master production scheduling

A

Details what is to be produced and when

18
Q

Materials requirements planning

A

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

19
Q

Inventory control

A

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

20
Q

Just in time

A

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

21
Q

Supply chain

A

Is the range of suppliers from which the organisation purchases mAterials amd resources

22
Q

Quality

A

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

23
Q

Quality control

A

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

24
Q

Quality assurance

A

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

25
Total quality management
Is an ongoing, organisation-wide commitment to excellence that is applied to every aspect of the organisations operation
26
Quality circles
Are groups of workers who meet to solve problems relating to quality
27
Continuous improvement
Involves ongoing commitment to achieving perfection
28
Robotics
Are highly specialised forms of technology capable of complex tasks
29
Computer aided design
Is a computerised design tool that allows a business to create product possibilities from a series of input parameters
30
Computer aided manufacturer
Is software that designs and controls manufacturing processes
31
Computer integrated manufacturing
Is a method of manufacturing in which the entire production process is controlled by a computer
32
Six sigma
Is a quality management approach that seeks to identify and remove the causes of problems in the operations process, achieving virtually defect-free production
33
Operations management
Consists of all the activities in which managers engage to produce goods or services