Operations final part 1

These flashcards cover key concepts related to process design, planning, and analysis from the lecture notes.

Process Design

The coordination and planning of a group of related tasks with specific inputs and outputs.

Process Strategy

An organization’s overall approach for physically producing goods and services.

Process Planning

The conversion of designs into workable instructions for manufacture or delivery.

Capital Intensity

The mix of capital and labor resources used in the production process.

Process Flexibility

The ease with which resources can be adjusted in response to changes in demand, technology, or resource availability.

Vertical Integration

The extent to which a firm will produce inputs and control outputs of each stage of the production process.

Make-or-Buy Decision

The decision-making process regarding whether to produce components in-house or purchase them from suppliers.

Batch Production Systems

Production systems that process many different jobs through the system in groups or batches.

Continuous Production

The production of large volumes of a standard product for a mass market.

Profit

The difference between total revenue and total cost.

Process Selection

The step in process planning that involves classifying production processes and choosing the appropriate one.

Process Analysis

The systematic examination of all aspects of a process to improve its operation.

Pilot Study

A trial run of a new process to ensure that performance objectives can be reached before full implementation.

High-Level Process Map

A visual tool that outlines the essential building blocks of a new process.

Detailed Process Map

A map prepared for each subprocess that guides decisions on resource allocation and work methods.