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7 Cards in this Set
- Front
- Back
what two major decisions is capacity based on or related to
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1- volumes--> how much are u gonna make
2- delivery systems and process capabilities--> to ensure the technical specifications are met |
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utilization
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measure of the actual amount of time that was worked
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- 2 common denominators used in business to measure performance - what is the best used for operations?
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1- time & money
2- time is the standard for operations |
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planned capacity
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statement of the planned or number of hours to be made available in a given period
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efficiency
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the actual output compared to the planned output for that period
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should the measurement of capacity be based on people or equipment?
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most of the time it is based on the equipment, but it should reflect who is putting the most input into the delivery system
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what two elements of work are calculated into the definition of "hours worked"
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1- machine set up time--> non-saleable productive time
2- time when the machine was producing--> saleable productive time |