Ops 13

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Author:
bendmar
ID:
187226
Filename:
Ops 13
Updated:
2012-12-05 00:17:46
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Ops 13
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Ops 13
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  1. aggregate demand  
    The total demand for all products or services.
  2. backlog
    A queue of orders waiting to be processed.
  3. best operating level  
    The level of demand or “load” on a system that results in the lowest cost per unit produced or processed.
  4. bill of capacity
    A statement of the time required on each resource needed to produce a product.
  5. bottleneck
    A constraint in a production system.
  6. capacity requirements planning  
    A detailed capacity planning approach in manufacturing that uses the planned releases from MRP to provide the quantity of units that must be produced.
  7. constraint
    Anything that inhibits a system’s progress toward its goals.
  8. constraint management
    A framework for managing the constraints of a system in a way that maximizes the system’s accomplishment of its goals.
  9. demand chase  
    An aggregate planning approach that uses hiring and firing of employees to increase and decrease output to match fluctuating demand.
  10. design capacity
    The capacity a facility is designed to accommodate on an ongoing basis.
  11. level production
    An aggregate planning approach that uses inventory stored from period to period to reduce the need to change the output rate as demand changes.
  12. rough-cut capacity planning
    A detailed capacity planning approach used in manufacturing that uses the master production schedule to provide the quantity of units that must be produced.
  13. yield management
    • An approach used in capital-intensive services that attempts to obtain maximum revenues through differential pricing, reservation systems, and overbooking.
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