Exam (elaborations)
Management 3325 Exam 1 question n answers graded A+ passed
- Course
- Institution
Management 3325 Exam 1 question n answers graded A+ passed
[Show more]
Content preview
Management 3325 Exam 1cycle time - correct answer ✔✔=time/unit or 1/capacity
the average time between completion of successive units of productions (or departures of successive
customers)
throughput time - correct answer ✔✔=WIP x CT
the time it takes for a product to go through the manufacturing process; Little's Law
bottleneck - correct answer ✔✔slowest part of the process
labor utilization - correct answer ✔✔time spent by workers as a percentage of the total time which they
are available;
amount of labor worked as a percentage of the total amount of labor available with the total of all
workers
capacity - correct answer ✔✔= 1/cycle time
the number of units of product that a process can produce (or customers it can serve)
limited by the bottleneck
WIP - correct answer ✔✔= # of units/station x # of stations
Buffer - correct answer ✔✔keeping some materials just incase there is something wrong with production
you have a backup
capacity utilization - correct answer ✔✔ratio of used capacity/output to total capacity
sequential process - correct answer ✔✔no buffers or decisions
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BravelRadon. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
82215 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now