Shared Flashcard Set

Details

Adv Ops Final
Advanced Operations
37
Management
Undergraduate 4
12/06/2015

Additional Management Flashcards

 


 

Cards

Term
Continuous Improvement
Definition
never ending process that covers all people, equipment, suppliers, materials and procedures. every aspect of an operation can be improved with the end goal being perfection, which is never achievable but always sought.
Term
Six Sigma
Definition
a program to save time, improve quality and lower cost. a comprehensive system a strategy, a discipline because it follows the six sigma improvement model(DMAIC)
Term
Employee empowerment
Definition
involving employees in every step of the production process. enlarging employee jobs so that the added responsibility and authority is moved to the lowest level possible within the organization.
Term
Quality circles
Definition
a group of employees meeting regularly with a facilitator to solve work-related problems in their work areas
Term
Benchmarking
Definition
selecting a demonstrated standard of performance that represents the very best performance for a process or an activity.
Term
Steps for developing benchmarks
Definition
1. determine what to benchmark
2. form a benchmark team
3. identify benchmarking partners
4. collect and analyze benchmarking information
5. take action to match or exceed the benchmark.
Term
Just in time (JIT)
Definition
the elimination of waste. designed to produce or deliver goods just as they are needed. cuts the cost of quality, improves quality, better quality means less inventory.
inventory hides bad quality JIT exposes bad quality
Term
Taguchi Concept
quality robust
Definition
products that are consistently built to meet customers need in spite of adverse conditions in the production process.
Term
Taguchi concept
quality loss function
Definition
a mathematical function that identifies all cost connected with poor quality and shows how these cost increase as product quality moves from what the customer wants
Term
Taguchi concepts
target oriented quality
Definition
a philosophy of continuous improvement to bring a product exactly on target
Term
Fredrick taylor
Definition
scientific management
mental revolation
refers to everyone
maximizes profit for whole firm
Term
Compare JIT and Quality
Definition
the use of TQM practices improve JIT performance through process variance reduction and reduced rework time, thereby providing the levels of quality that allow production to proceed with minimum safety stock inventory while remaining on schedule. In turn the use of JIT practices improves quality performance through problem exposure and improved process feedback. all major elements of JIT are embedded in a more comprehensive TQM campaign because TQM has a much broader focus on improving the overall effectiveness of an organization.
Term
Deming point 12
Definition
remove barriers that rob people in mgmt. and engineering of their right to pride of workmanship. this mean abolishment of annual or merit ratings and of mgmt. by obj.
Term
What did Deming mean by point 12
Definition
felt that performance aprraisals were counter productive because they lowered employee morale and reduced quality.
employees distrusted the traditional process
deming felt managers who used the traditional process focused on extrinsic motivation and the end result which led to competition instead of cooperation and support within the system.
Term
make or buy decision
Definition
a choice between producing a component or service in house or purchasing it from an outside source
Term
outsourcing
Definition
transferring a firms activities that have traditionally been internal to external suppliers
-efficiency in specialization
-focus on core compentencies
Term
sourcing strategy
Definition
many suppliers
few suppliers
vertical integration
joint venture
keiretsu network
virtual companies
Term
vertical integration
Definition
developing the ability to produce goods or services previously purchased or actually buying a supplier or a distributor
Term
keiretsu
Definition
a Japanese term that describes suppliers who become part of a company coalition.
Term
virtual company
Definition
companies that rely on a variety of supplier relationships to provide services on demand
Term
supply chain mgmt.
Definition
coordinate activities within the supply chain to maximize the supply chain comp. adv. and benefit to the ultimate consumer.
Term
capacity plan
Definition
made over a period of years as new equipment and facilities are designed, built, purchased or shut down
Term
aggregate plan
Definition
results of a sales and operating planning team that makes decisions regarding the use of facilities, inventory, people and outside contractors. typically for 3 to 18 months and resources are allocated in terms of an aggregate measure such as total units
Term
master schedule
Definition
breaks down the aggregate plan and develops weekly schedules for specific products or product lines
Term
short term schedules
Definition
then translate capacity decisions aggregate plans and master schedules into job sequences and specific steps
Term
loading
Definition
the assigning of jobs to work or processing centers
Term
Gantt Chart
Definition
planning charts used to schedule resources and allocate time
Term
sequencing
Definition
determining the order in which jobs should be done ar each work center
Term
priority rules
Definition
rules used to determine the sequence of jobs in process-oriented facilitates
Term
flow time
Definition
the time between the relaease of a job to a work center until the job is finished
Term
process focused
Definition
job shops
print shop
machine shop
fine dining restaurant
Term
repetitive focused
Definition
assemble lines
motorcycle
autos
tv
fast food
Term
product focused
Definition
continuous
steel, beer, bread, light bulbs, paper
Term
FCFS
Definition
first come first serve
jobs are completed in the order they arrived
Term
SPT
Definition
shortest processing time
jobs with the shortest processing time are assigned first
Term
EDD
Definition
earliest due date
earliest due date jobs are assigned first
Term
LPT
Definition
longest processing time
jobs with the longest processing time are assigned first
Supporting users have an ad free experience!