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55 Cards in this Set

  • Front
  • Back
Hierarchy of Strategic Roles (4 stages)
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)
Types of OM Decisions
Strategic- long term, acquisition of new resources

Tactical- medium term, utilization of existing resources

Operational- short term, execution of schedules or control activities
What is operations?
design,operation, and improvement of the systems that creates the firm's primary products and services
Strategic Dimensions/Priorities ("5 rights")
1) Cost or price
2) Quality- design, process
3) Delivery Speed
4) Flexibility
5) a) Changes in Demand b) Special Services
1st thing to do after a problem is ______________
Root Cause Analysis
Project Characteristics
Distinct beg. and end
Unique deliverable
Clear objectives
Limited resources
Partial Productivitiy
over a single input= outputs/labor input
Multi-factor productivity
over some inputs
Dimensionless productivity
same units (dollars)- predicts profitability
Sources of Productivity Growth (list all 5 w/ examples)
External factors- environment, interest rates

Improved labor inputs- education, demographics

Capital-labor subsititution

Economies of scale

Technological change- equipment and management
Ways to manage Projects (just list)
Pure
Functional
Matrix
Pure
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
Functional Project
Advantages:
- Team member can work on several projects
- No life after project worries
- Technical expertise remains

Disadvantages:
- No cross-functional shit
-Weak motivation
Matrix Project
Advantages:
Enhanced communication
Resource duplication minimized
No life after project fears

Disadvantages:
Two bosses
Project manager needs strong negotiating skills
Work Breakdown Structure
Objectives->Tasks->Subtasks
Must be MECE
Ways to Crash a Project
1) Change Process
2) Add resources
3) De-Scope Project
4) improve process
Procedure for Crashing projects
1) Identify CP
2) Select least expensive
3) If savings, update all paths
4) Reapeat 1-3 until no cost savings are possible
Types of Procesess
Conversion- substance of product changes

Fabrication- form of product changes

Assembly- two or more discreteproducts are combined

Testing- inspection/examination according to some criteria
Explain what they mean by "stay on the diagnol"
d
Process Flow Structures (just list)
Job Shop

Batch

Assembly Line

Contious Flow
Product Design Process
Concept Design
Product Planning
Product/Process Engineering
Pilot Production/Ramp-up
Agility Test (PDPD)
Performance
Development Speed
Product Cost
Development Costs
Nature of Service System Management
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.
Make sure service process matches ________
Service delivered
Explain the Service System Matrix
basically says that the more degree of contact with a customer, the more specialization is needed, the higher margin sales, but the less eficient
3 Designs for On-Site Service
Production Line
Self-Service
Personal-Attention
What is the treatment for Dilirium Tremens?
Benzodiazepine
Channels=
# of Lines
Reneging=
Leaving line once in
Capacity
defined as the ability tohold, receive, store, or accomaodate
Strategic Capacity Planning
an approach for determining the overall capacity level of capital intensive resources
Capacity utilization rate=
Capacity Used/Best Operating level
Best Operating Level is the
Perfectr balance between average unit cost of output and volume operating
In terms of capacity, if you are under ___
% you should be concerned with _______
70, under-utilization
In terms of capacity, if you are over___
% you should be concerned with _______
70, over-utilization
When planning service capacity, what three things should you be concerned with?
Time
Location
Volatility of Demand
Capacity fexibility 3 things (PPW!)
Plants, Processes, Workers
Learning Curve
% of per unit labor required when production doubles
Learning Curve Assumptions
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)
LC Formula
Time required to produce X unit= Time estimated to produce 1st unit*X^n=exponent that identifies rate of improvement
LR=
2^n
N=
LN(lr)/Ln(2)
K=
time it takes to make first one
n= (on regression output)
bottom one
K= (on regression output)
top # [e^x]
Sources of Learning (list and explain)
Organizational Learning- changes in admin, equip, and product design

Invidual Learning- people repeat a process and gain skill from experience
h=
mean arrival time
u=
mean service time
Utilization rate/how often the line is busy=p=
h/u
probability of their not being customers in system=po=
1-p
the probability that there are n customers in the system (both waiting in line and being served) is given by:
Pn = P0(ρ)n
average number of people in system at givin time
h/(u-h)
Average number in que
n-p
Average time in system
1/(u-h)
Average time in queue
Ts-(1/u)