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55 Cards in this Set
- Front
- Back
Hierarchy of Strategic Roles (4 stages)
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1) Internally neutral (don't mess up)
2) Externally neutral 3) Internally supportive (aligned with corp. strategy) 4) Externally supportive (be a full partner in the company) |
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Types of OM Decisions
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Strategic- long term, acquisition of new resources
Tactical- medium term, utilization of existing resources Operational- short term, execution of schedules or control activities |
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What is operations?
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design,operation, and improvement of the systems that creates the firm's primary products and services
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Strategic Dimensions/Priorities ("5 rights")
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1) Cost or price
2) Quality- design, process 3) Delivery Speed 4) Flexibility 5) a) Changes in Demand b) Special Services |
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1st thing to do after a problem is ______________
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Root Cause Analysis
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Project Characteristics
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Distinct beg. and end
Unique deliverable Clear objectives Limited resources |
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Partial Productivitiy
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over a single input= outputs/labor input
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Multi-factor productivity
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over some inputs
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Dimensionless productivity
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same units (dollars)- predicts profitability
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Sources of Productivity Growth (list all 5 w/ examples)
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External factors- environment, interest rates
Improved labor inputs- education, demographics Capital-labor subsititution Economies of scale Technological change- equipment and management |
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Ways to manage Projects (just list)
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Pure
Functional Matrix |
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Pure
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Advantages:
- One Boss - Shorten Comm. Lines - Authority - Pride, motivation, commitment are high Disadvantages: - Duplication of resources - Organizational goals are secondary - Weakened functional divisions - No home |
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Functional Project
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Advantages:
- Team member can work on several projects - No life after project worries - Technical expertise remains Disadvantages: - No cross-functional shit -Weak motivation |
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Matrix Project
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Advantages:
Enhanced communication Resource duplication minimized No life after project fears Disadvantages: Two bosses Project manager needs strong negotiating skills |
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Work Breakdown Structure
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Objectives->Tasks->Subtasks
Must be MECE |
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Ways to Crash a Project
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1) Change Process
2) Add resources 3) De-Scope Project 4) improve process |
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Procedure for Crashing projects
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1) Identify CP
2) Select least expensive 3) If savings, update all paths 4) Reapeat 1-3 until no cost savings are possible |
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Types of Procesess
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Conversion- substance of product changes
Fabrication- form of product changes Assembly- two or more discreteproducts are combined Testing- inspection/examination according to some criteria |
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Explain what they mean by "stay on the diagnol"
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d
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Process Flow Structures (just list)
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Job Shop
Batch Assembly Line Contious Flow |
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Product Design Process
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Concept Design
Product Planning Product/Process Engineering Pilot Production/Ramp-up |
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Agility Test (PDPD)
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Performance
Development Speed Product Cost Development Costs |
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Nature of Service System Management
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1. Everyone is an expert on services.
2. Services are idiosyncratic - what works well for one type of service many prove disastrous for another. 3. Quality of work is not quality of service. 4. Most services contain a mix of tangible and intangible attributes that constitute the service package. 5. High-contact services are experienced, whereas goods are consumed. 6. Effective management of services requires an understanding of marketing and personnel, as well as operations. 7. Services often take the form of cycles of encounters involving face-to-face, phone, electromechanical, and/or mail interactions. |
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Make sure service process matches ________
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Service delivered
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Explain the Service System Matrix
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basically says that the more degree of contact with a customer, the more specialization is needed, the higher margin sales, but the less eficient
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3 Designs for On-Site Service
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Production Line
Self-Service Personal-Attention |
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What is the treatment for Dilirium Tremens?
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Benzodiazepine
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Channels=
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# of Lines
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Reneging=
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Leaving line once in
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Capacity
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defined as the ability tohold, receive, store, or accomaodate
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Strategic Capacity Planning
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an approach for determining the overall capacity level of capital intensive resources
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Capacity utilization rate=
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Capacity Used/Best Operating level
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Best Operating Level is the
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Perfectr balance between average unit cost of output and volume operating
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In terms of capacity, if you are under ___
% you should be concerned with _______ |
70, under-utilization
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In terms of capacity, if you are over___
% you should be concerned with _______ |
70, over-utilization
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When planning service capacity, what three things should you be concerned with?
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Time
Location Volatility of Demand |
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Capacity fexibility 3 things (PPW!)
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Plants, Processes, Workers
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Learning Curve
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% of per unit labor required when production doubles
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Learning Curve Assumptions
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Each time you perform a task it takes less time than the last time you performed the same task
Reduction in time will follow a predictable pattern (key assumption) |
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LC Formula
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Time required to produce X unit= Time estimated to produce 1st unit*X^n=exponent that identifies rate of improvement
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LR=
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2^n
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N=
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LN(lr)/Ln(2)
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K=
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time it takes to make first one
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n= (on regression output)
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bottom one
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K= (on regression output)
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top # [e^x]
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Sources of Learning (list and explain)
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Organizational Learning- changes in admin, equip, and product design
Invidual Learning- people repeat a process and gain skill from experience |
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h=
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mean arrival time
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u=
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mean service time
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Utilization rate/how often the line is busy=p=
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h/u
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probability of their not being customers in system=po=
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1-p
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the probability that there are n customers in the system (both waiting in line and being served) is given by:
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Pn = P0(ρ)n
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average number of people in system at givin time
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h/(u-h)
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Average number in que
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n-p
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Average time in system
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1/(u-h)
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Average time in queue
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Ts-(1/u)
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