Formulas to memorize for test

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Last updated 12:53 AM on 5/26/26
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16 Terms

1
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What are the 5 service quality dimensions ???

R R E A T

Reliability

Responsiveness

Empathy

Assurance

Tangibles

2
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What are the ERP system steps ?

CPARIS

data Collection

Processing and

Automation

Reporting

Integration

Security

3
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5 steps of 6 sigma

DMAIC

Define, Measure, Analyze, Improve, Control

4
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Forecast development process

ODACR

define Objectives

develop a model

Apply model

Constraints

Reevaluate and revise model

5
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Capitalization Utilization rate

actual / design

6
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Capitalization Efficiency rate

actual / effective

7
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Manufacturing location factors

  • STLL

  • Suppliers

  • Transportation

  • Labor costs

  • Land costs

8
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Service Business location factors

CCTP

  • Customers

  • Convenience

  • Traffic

  • Parking

9
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The 5 Stages of Forecast Development

“Don’t Develop Any Crazy Reports”

  • Determine objectives

  • Develop and test a model

  • Apply the model

  • Consider real-world constraints

  • Revise and evaluate

10
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Does MPS handle Dependent or Independent

Independent

11
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Does MRP handle independent or dependent

Dependent

12
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Time management planning flow

FSBMAMM

Forecast Demand
Strategic Plan
Business Plan
Medium-Range Planning

Aggregate Plan
MPS

MRP

13
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Long Term Planning

Forecast Demand
Strategic Planning
Business plan

14
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Medium Plan

Aggregate Plan

15
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Short tange planning

MPS and MRP

16
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The 6 scheduling criteria

CFWEEO

  • Customer Service

  • Flow Time

  • Work-in process inventory

  • Equipment Idle Time

  • Employee Idle Time

  • Overall costs