Ops Final v3
Home > Preview
The flashcards below were created by user
on FreezingBlue Flashcards.
Measures how well processes perform
Process Improvement over long run
Short run alignment of planned performance to actual performance
Short run - how well process meets customer expectations
Reducing variability/improving process (6)
- 1. Standardization
- 2. Simplification
- 3. Worker Specialization
- 4. Automation/Technology
- 5. Reduce employee turnover
- 6. Mistake-proofing
Why do firms carry inventory?
- 1. Economies of Scale
- 2. Production & capacity smoothing
- 3. Safety stock
- 4. Speculative stock
Example of managing arrivals - capacity utilization lever
Online boarding passes 24 hours in advance - shortens lines at Airline counter and allows people to elinimate that part of their wait.
#1 driver of waste according to Gene Schachte
Conflicting goals - think reducing packaging (leads to more defects)
What would you like to do?
Home > Flashcards > Print Preview