ABOUT THIS CONTENT
Notes from core MBA Operations class, these focused on process.Subject: Operations
Productivity = (Value of Outputs)/(Value of Inputs)
Cycle Time (CT) – time between completion of successive units (workstation, process)
Bottleneck (BN) – factor that limits production (longer cycle time, scarcest resource)
Capacity (C) – how much output can be produced in specified period of time
Flow Time (FT) – time it takes to get completely through a process, beginning to end
Utilization (U) – % of time spent actually working on product or performing service
- (what you get)/(what you pay for) = (work content)/(total available time)
- inversely proportional to variability (Demand)
Gantt Chart – a horizontal bar chart showing resource utilization over time
Process Design
Line Balancing – 1st draw the Process Flow Diagram (PFD), then make the following chart:
Desire X Units ÷ Total Time ⇒ Cp [CTp = 1/Cp]
Minimum # of Stations = Σ task times ÷ CTp
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