Flashcards
Module 2 Coursera
Cards in this deck (14)
- 1What are 3 basic measures in managing processes using Operations management?Flow rate / Throughput
Flow time
Inventory - 2Define flow-rate / ThroughputNumber of flow units (Customer/Sandwich) going through the process in unit time
- 3Define flow-timetime it takes for a unit to go from the beginning to the end of the process
- 4Define InventoryNo of units going through the process at any given point of time
- 5Take the case of the 2-year MBA program , identify the 3 measures as discussed above:Flow unit : Student
Inventory: Number of students in the campus
Flow-time : 2 years ( time taken from admission to graduation)
Flow-rate : graduating class - 6US Consulate : issuing VisaFlow-unit : passport
Inventory : Pending applications at the consulate at any given point of time
Thruput : no of visas issued or rejected in a given unit of time
Flow-time: Time taken to process the visa from the time of receiving the application - 7Automobile company selling cars:Flow-unit : Car
Inventory : No of cars in the production line at any given time
Flow-time : Time taken to manufacture a car from begin to finish
THruput : No of cars delivered per unit time - 8Basic process vocabulary: Processing timeTime a worker / machine spends on a task
- 9Basic process vocabulary: CapacityNo of units the worker or machine can work in unit time ;
Capacity = 1/Processing TIme - 10Basic process vocabulary: BottleneckWorker/Machine with lowest capacity
- 11Basic process vocabulary: Process CapacityCapacity of the Bottleneck
- 12Basic process vocabulary: Flow RateMinimum { Demand rate, Process Capacity}
- 13Basic process vocabulary: UtilizationFlow rate/Capacity
- 14Little's LawInventory = Flow-rate * Flow-time
I = R * T
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- asd Operations Management Flashcards on Module 2 Coursera, created by Mukundhan Srinivasan on 05/01/2016.
- Created by
- Mukundhan Srinivasan · Jan 2016
- Updated
- Feb 19, 2016
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