Flashcards
Unit 21. Operations planning
Flashcards do conjunto (17)
- 1Operations planningPreparing input resources to supply products to meet expected demand
- 2Operational flexibilityThe ability of a business to vary both the level of production and the range of products following changes in customer demand
- 3Process innovationThe use of a new or much improved production method or service delivery method
- 4Job productionProducing a one-off item specially designed for the customer
- 5Batch productionProducing a limited number of identical products - each item in the batch passes through one stage of production before passing on to the next stage
- 6Flow productionProducing items in a continually moving process
- 7Mass customisationThe use of flexible computer-aided production systems to produce items to meet individual customers' requirements at mass-production cost levels
- 8Optimal locationA business location that gives the best combination of quantitative and qualitative factors
- 9Quantitative factorsThese are measurable in financial terms and will have a direct impact on either the costs of a site or the revenues from it and its profitability
- 10Qualitative factorsThese are non-measurable factors that may influence business decisions
- 11Multi-site locationA business that operates from more than one location
- 12OffshoringThe relocation of a business process done in one country to the same or another company in another country
- 13MultinationalA business with operations or production bases in more than one country
- 14Trade barriersTaxes (tariffs) or other limitations on the free international movement of goods and services
- 15Scale of operationThe maximum output that can be achieved using the available input (resources) - this scale can only be increased in the long term by employing more of all inputs
- 16Economies of scaleReductions in a firm's unit (average) costs of production that result from an increase in the scale of operations
- 17Diseconomies of scaleFactors that cause average costs of production to rise when the scale of producton is increased
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- Descrição
- FlashCards sobre Unit 21. Operations planning, criado por Injir Och em 28-04-2016.
- Criado por
- Injir Och · abr 2016
- Atualizado
- 20 mai 2016
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