100% tevredenheidsgarantie Direct beschikbaar na je betaling Lees online óf als PDF Geen vaste maandelijkse kosten
logo-home
Eerder door jou gezocht
Eerder door jou gezocht
logo
Chapter 8 Operations Management with LEAN and Six Sigma with correct answers 100% 2024 €7,53
In winkelwagen
Snel navigeren naar
Voorbeeld
  2.  
  3. Operationsmanagement
  4.  
  5. Operationsmanagement

Tentamen (uitwerkingen)

Chapter 8 Operations Management with LEAN and Six Sigma with correct answers 100% 2024
 0 keer verkocht
  • Vak
  • Operationsmanagement
  • Instelling
  • Operationsmanagement

Chapter 8 Operations Management with LEAN and Six Sigma with correct answers 100% 2024 Operations Management - Correct Answer Operations Management refers to the design, execution, and control of the operations that convert resources into desired goods and services, aligned with the company's bus...

[Meer zien]

Voorbeeld 3 van de 16  pagina's

Document informatie

  • 29 september 2024
  • 16
  • 2024/2025
  • Tentamen (uitwerkingen)
  • Vragen en antwoorden

Onderwerpen

  • operations management
  • goal of operations management
  • nature of operations management

Geschreven voor

  • Operationsmanagement
  • Operationsmanagement

Verkoper

avatar-seller
PROFFESORMAURINE

Voorbeeld van de inhoud

Chapter 8 Operations Management with
LEAN and Six Sigma with correct answers
100% 2024
Operations Management - Correct Answer Operations Management refers to the design, execution, and
control of the operations that convert resources into desired goods and services, aligned with the
company's business strategy.



Goal of Operations Management - Correct Answer The goal is to convert materials and labor into goods
and services as efficiently and effectively as possible, while also controlling costs to maximize profits.
This entails managing the process of creating the goods and services.



NAture of Operations Management - Correct Answer The nature of how Operations Management is
carried out varies by company and depends on the nature of the products and/or services in the
portfolio.



Manufacturing Strategies - Correct Answer Companies develop a manufacturing strategy aligned to
their production strategy (Chapter 3). The strategy is to satisfy customer demand while balancing
manufacturing costs and inventory levels.



Manufacturing Strategies Objectives - Correct Answer Objectives:

Satisfy demand

Manage capacity efficiently

Manage inventory levels

Minimize cost:

Labor

Materials

Plant and Equipment



The manufacturing strategies include: - Correct Answer Make-to-Stock (MTS)

Assemble-to-Order (ATO)

Make-to-Order (MTO)

,Engineer-to-Order (ETO)



Make-to-Stock (MTS) - - Correct Answer manufacture products for inventory based on demand
forecasts... a push supply chain.



Forecast accuracy is key to satisfying customer demand, managing inventory levels and controlling costs.

Most equipment intensive manufacturing (automobiles), commodities (processed foods, sundries) and
low value products are MTS.



MTS Companies focus - Correct Answer MTS Companies focus on balancing supply and demand,
developing accurate forecasting models and taking action to reduce excess inventory or increase supply.



Assemble-to-Order (ATO) "Postponement" Strategy - Correct Answer is a manufacturing strategy where
final products are produced quickly as ordered by customers. This enables products to be customized to
a certain extent.



The ATO strategy requires - Correct Answer that the main sub assemblies for the product be completed
and inventoried along with the final assembly parts.



Assemble-to-Order (ATO) "Postponement" Strategy Part 2 - Correct Answer Once an order is received,
the product is assembled quickly and shipped to the customer.

This is called "Postponement" Strategy



Assemble-to-Order (ATO) "Postponement" Strategy Part 3 - Correct Answer Similar to MTS, demand
forecasting and inventory management are key processes to a successful ATO process. The main sub
assemblies and final configuration parts must be forecasted and inventoried.



Assemble-to-Order (ATO) "Postponement" Strategy Part 4 - Correct Answer Most high tech products
with customization available (computers, audio systems), Quick serve restaurants, and individualized
products are ATO.



Make-to-Order (MTO) - Correct Answer is a manufacturing strategy that allows customers to purchase
custom products to their specifications.

, Make-to-Order (MTO) PArt 2 - Correct Answer The MTO strategy only manufactures the end product
once the customer places the order. Lead time for customer delivery is longer and customers pay for the
ability to customize

Raw materials are carried in inventory with a few common sub assemblies.



Make-to-Order (MTO) Part 3 - Correct Answer Highly configured products such as computer servers,
aircraft, ocean vessels, houses, bridges, custom furniture and custom tooling are MTO.

Often includes services with the product (architect, designer, technology expert)



Engineer-to-Order (ETO) - Correct Answer is a manufacturing process in which the component is
designed, engineered, and built to customer specifications only after the order has been received.



Engineer-to-Order (ETO) Part 2 - Correct Answer The essence of ETO is building a unique product every
time.

Project Management is a key skill for profitable success

In ETO, reputation for quality and innovation are key to success.

Complicated technology solutions such as operations centers, stadiums, amusement rides are ETO.



Make to Stock (MTS) features - Correct Answer economies of scale, large volumes, long production
runs, low variety, and multiple distribution channels



Assemble to Order (ATO) is - Correct Answer when sub assemblies are made, stocked to forecast, but
products are not assembled until customer order is received



Make to Order (MTO) - Correct Answer products are not produced until customer order is received



Engineer to Order (ETO) - Correct Answer is used when products are unique and extensively customized
for the specific needs of individual customers



Job Shop - - Correct Answer creates a custom product for each customer. (artist, craftsman)

ETO/MTO

Dit zijn jouw voordelen als je samenvattingen koopt bij Stuvia:

Bewezen kwaliteit door reviews

Bewezen kwaliteit door reviews

Studenten hebben al meer dan 850.000 samenvattingen beoordeeld. Zo weet jij zeker dat je de beste keuze maakt!

In een paar klikken geregeld

In een paar klikken geregeld

Geen gedoe — betaal gewoon eenmalig met iDeal, Bancontact of creditcard en je bent klaar. Geen abonnement nodig.

Focus op de essentie

Focus op de essentie

Studenten maken samenvattingen voor studenten. Dat betekent: actuele inhoud waar jij écht wat aan hebt. Geen overbodige details!

Veelgestelde vragen

Wat krijg ik als ik dit document koop?

Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.

Tevredenheidsgarantie: hoe werkt dat?

Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.

Van wie koop ik deze samenvatting?

Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper PROFFESORMAURINE. Stuvia faciliteert de betaling aan de verkoper.

Zit ik meteen vast aan een abonnement?

Nee, je koopt alleen deze samenvatting voor €7,53. Je zit daarna nergens aan vast.

Is Stuvia te vertrouwen?

4,6 sterren op Google & Trustpilot (+1000 reviews)

Afgelopen 30 dagen zijn er 63950 samenvattingen verkocht

Opgericht in 2010, al 15 jaar dé plek om samenvattingen te kopen

Start met verkopen

Laatst bekeken door jou

Tentamen (uitwerkingen) ·

(0)

Stanfield's Introduction to the Health Professions Questions with correct Answers 2024

Tentamen (uitwerkingen) ·

(0)

Ryanair Initial Topic 3 Passenger Handling | 100% Correct Answers | Verified | Latest 2024 Version

Tentamen (uitwerkingen) ·

(0)

FAM 134 Family Nursing (Family Test 2 Q&A) | Obstetrics, Fetal heart rate | Download To Score A

Voordeelbundel ·

(0)

alle Einsendeaufgaben Fernstudium Psychologie PFH Göttingen, 1. Sem, allgemeine Psychologie

Tentamen (uitwerkingen) ·

(1)

Fundamental of Professional Nursing Final exam 100 QUESTIONS WITH 100% CORRECT ANSWERS

Samenvatting ·

(0)

2nd Midterm Marketing, Consumer Behavior, Chapter 1 to 4, 11th edition, Michael R. Solomon

Tentamen (uitwerkingen) ·

(0)

NURS 6521 Advanced Pharmacology Week 9 Quiz Questions and Answers (2024/2025) (Verified Answers)

Case uitwerking ·

(3)

ANATOMY BSC2346 A&P Module 03 Case Study,latest 2020 complete solutions 100% correct.

Tentamen (uitwerkingen) ·

(0)

Test Bank for Fundamentals of Musculoskeletal Imaging, 5th Edition by Lynn N. McKinnis

€7,53
  • (0)
In winkelwagen
Toegevoegd