Operations and Manufacturing Flashcard

Front

What is a Fixed-Position Layout?

Back

A layout where the product remains stationary while workers and materials are brought to it, typically used for large, complex projects like construction.

Front

Define Capacity in operations management.

Back

The maximum amount of work an organization can complete under normal conditions.

Front

What is Computer-Integrated Manufacturing (CIM)?

Back

A system that integrates all aspects of the production process through computer technology, enhancing efficiency and coordination.

Front

Explain the Economic Order Quantity (EOQ) Model.

Back

A model used to determine the optimal order quantity that minimizes total inventory costs, balancing ordering and holding costs.

Front

What does Routing refer to in operations management?

Back

The planning of the path that materials follow through the production process, ensuring efficient workflow.

Front

What is a Process Layout?

Back

A layout that groups similar resources together, allowing for flexibility in production but may lead to longer processing times.

Front

Define Product Layout.

Back

A layout where resources are arranged according to the sequence of operations for a specific product, optimizing efficiency for mass production.

Front

What is Flexible Manufacturing?

Back

A system that allows for the production of different products using the same equipment, adapting to changes in demand.

Front

What is Just-in-Time (JIT) Inventory Management?

Back

An inventory strategy that aligns raw-material orders with production schedules to reduce inventory costs.

Front

Explain Total Quality Management (TQM).

Back

A management approach focused on long-term success through customer satisfaction, involving all members of an organization.