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Questions and Answers
What does production capacity refer to?
What does production capacity refer to?
Which of the following is not a component of manufacturing lead time?
Which of the following is not a component of manufacturing lead time?
To improve production capacity in the short term, what should a company consider doing?
To improve production capacity in the short term, what should a company consider doing?
How is total factor productivity calculated?
How is total factor productivity calculated?
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What is the role of utilization in production capacity?
What is the role of utilization in production capacity?
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Which of the following aspects is NOT typically included in Operations Management?
Which of the following aspects is NOT typically included in Operations Management?
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What does the strategy of Waste Elimination in operations primarily aim to achieve?
What does the strategy of Waste Elimination in operations primarily aim to achieve?
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In which layout is the product worked on at a fixed position while equipment and labor are brought to it?
In which layout is the product worked on at a fixed position while equipment and labor are brought to it?
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Which primary task involves analyzing a company's strengths and weaknesses to derive competitive advantages?
Which primary task involves analyzing a company's strengths and weaknesses to derive competitive advantages?
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What is a characteristic disadvantage of Process Layout?
What is a characteristic disadvantage of Process Layout?
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Which of the following factors is crucial for achieving flexibility in operations?
Which of the following factors is crucial for achieving flexibility in operations?
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What does 'time-based competition' primarily focus on in the manufacturing context?
What does 'time-based competition' primarily focus on in the manufacturing context?
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What aspect of managing quality involves empowering employees to take ownership of their work?
What aspect of managing quality involves empowering employees to take ownership of their work?
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What type of production facility is typically used for low production quantities?
What type of production facility is typically used for low production quantities?
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What is the primary layout used in medium production quantities for batch production?
What is the primary layout used in medium production quantities for batch production?
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In which production quantity range would cellular manufacturing primarily be utilized?
In which production quantity range would cellular manufacturing primarily be utilized?
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Which of the following best defines 'Group Technology' in manufacturing?
Which of the following best defines 'Group Technology' in manufacturing?
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What characterizes high production quantities in manufacturing?
What characterizes high production quantities in manufacturing?
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What does the X-axis of the Product Process Matrix represent?
What does the X-axis of the Product Process Matrix represent?
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Which dimension is NOT part of manufacturing capability?
Which dimension is NOT part of manufacturing capability?
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For which type of production do companies typically not use a single factory?
For which type of production do companies typically not use a single factory?
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Study Notes
Operations Management
- Deals with all aspects of running a business, including process design, quality management, location and layout strategies, human resources and job design, supply chain management, inventory management, and scheduling.
- Operations is the core of an organization, interacting with other functional areas and suppliers to produce goods or services.
- Strategy and operations are interconnected, with strategy guiding the company's mission and ensuring it is on the correct path.
- Primary tasks and core competencies of a company are defined, which helps tailor strategy.
- Companies can be positioned based on cost (reducing costs with lean production methods, eliminating waste), speed (efficient service or manufacturing operations), quality (minimizing defects and ensuring high performance), and flexibility (adjusting to changing needs).
Production and Manufacturing
- Manufacturing involves applying physical and chemical processes to modify a starting material's geometry, properties and appearance, including assembly.
- Elements like machinery, tooling, power, and labor are crucial for manufacturing. Different product types fall under different categories.
- Process Industries focus on continuous production, while Discrete products are produced through sequential steps.
- Fixed-Position Layout is used when products are large and heavy, where other resources are moved to the product, rather than the product itself moving.
Production Quantity Ranges
- Production quantity ranges include low (1-100 units), medium (100-10,000 units), and high (10,000-millions of units).
Different Production Facilities
- Low Production Quantities (Job Shops): Customized, complex products with general-purpose equipment and a skilled workforce. Suitable for large or small output.
- Medium Production Quantities (Batch Production): Multiple batches of products. Flexible systems and set-up time between batches are a concern.
- High Production Quantities (Mass Production/Flow Production): Highly specialized systems for mass production of a single product.
Production Layout
- Process Layout: Equipment is arranged by function, allowing for versatility and accommodating different production sequences.
- Product Layout: Equipment is arranged sequentially, based on the order of operations in production. This is suited for high-volume, repetitive processes.
Manufacturing Metrics
- Production Performance Measures: Production rate, cycle time, capacity, lead time, and productivity.
- Manufacturing Costs: Labor, materials, overhead, and cost per unit.
- Productivity: A key metric relating output to inputs used to measure efficiency and competitiveness. Calculated as single factor or multi-factor productivity, assessing efficiency using output to measure all inputs.
Production Capacity & Utilization
- Production Capacity:Maximum production rate of a facility, department or line.
- Production Utilization: Output compared to available capacity.
- Increasing capacity can be gained through adding shifts, more machines or improvements in processes.
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Description
This quiz covers the fundamentals of Operations Management, focusing on areas such as process design, quality management, and supply chain management. It explores the interconnection between strategy and operations, emphasizing the importance of core competencies and positioning based on cost, speed, quality, and flexibility.
