LECTURE 4

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A collection of vocabulary flashcards based on key concepts from the Process Configuration lecture notes.

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10 Terms

1
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Process Management

The design and selection of the inputs, activities, technologies, workflows, and methods that transform inputs into outputs.

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Service Encounter

The time during which a customer is in contact with a service process, starting from initial contact to process completion.

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Customer Interaction

The extent to which the customer is present, actively engaged and receives face-to-face attention during the process.

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Customer Value

The benefits a customer receives from a product or service, including price, quality, flexibility, time, experience, and innovation.

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Customer Involvement

The degree to which customers participate in the service delivery process.

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Flow Time

The total time an item spends in a system or process from start to finish.

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Inventory

The raw materials, components, work-in-progress, and finished goods that a business keeps in stock to meet demand.

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Process Structure

The arrangement of resources and tasks within a production system to achieve a goal.

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Capital Intensity

The mix of equipment and human skills in a process; the greater the cost of equipment, the greater the capital intensity.

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Automation

A system, process, or piece of equipment that is self-acting and self-regulating.