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20 Cards in this Set
- Front
- Back
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In capacity planning which time duration is greater then one year |
long range - requires top management particpation |
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capacity duration that plans for 6-18 months |
intermediate range: hiring, layoffs, minor equipment purchases |
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Short range capacity is waht |
less then a month: daily or weekly scheduling and processes |
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capacity is what |
the output a system is capable of holding over a period of time |
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best operating is level is what |
output level where avg unit cost is minimized |
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capacity utilization is what |
a measure of how close the firm's current output is to their best operating rate (cap used/best operating level) |
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economies of scale |
as the plant gets larger and volume increases the avg cost per unit of output drops - gain efficiencies |
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when a plant becomes too large what happens, and you loose efficency |
diseconomies of scale |
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focused factory |
when a factory works best when the factory works on a limited set of production objectives. |
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PWP - plant within a plant |
something that is used in focused factories and helps achieve best operating level for each department of the org |
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capacity flexibility is what |
ability to change production or shirt production quiclly from one product to another |
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zero change over time plant |
using movable equpiment, knockdown walls, and easily accessible and reroutable utilties |
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economies of scope |
when multi products can be produced at lower cost in combination than they can be separately
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flexible workers |
have alot of skills and ability to switch easily from one kind of task to another |
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you determine capacity requirements by what |
use forecasting techiques, calculate equipment and labor requirements, project labor and equpiment availbities |
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capcity cushion |
the amount of capacity in excess of ecpected demand
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negative capacity cushion is what |
when a firm's design capcity is less than the capacity required to meet demand |
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decision tree is what |
a schematic model |
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squares = what |
decision points |
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circles = what |
chance events |
