Term
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Definition
| Deals with the planning, execution, and control of all the resources that are used to produce goods or provide services in a value chain |
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Term
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Definition
Materials and equipment
Facilities
Information
Technical knowledge and skills
People |
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Term
| Objectives of Resource Management |
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Definition
Maximize profits and customer satisfaction
Minimize costs
Maximize benefits to stakeholders for not-for-profit organizations |
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Term
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Definition
| level of resource planning that is developing a long-term output and resource plan in aggregate units of measure. 1-2 years.Focuses on product families and total capacity requirements. Also helps define budget allocations and associated resource requirements |
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Definition
| Level of resource planning that involves the process of translating aggregate plans into short-term operational plans. provides the basis for weekly and daily schedules and detail resource requirements. Sets order sizes and schedules |
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Definition
| Level of resource planning that involves moving work from one workstation to another, assigning people to tasks, setting priorities for jobs, scheduling equipment, ans controlling processes. |
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| Level Production Strategy |
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Definition
| strategy of aggregate planning that plans for the same production rate in each time period |
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Definition
| strategy in aggregate planning that sets the production rate equal to the demand in each time period (alternative to the level production strategy) |
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Term
| Master Production Schedule |
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Definition
| technique of disagreggation where the a statement of how many items are to be produced and when they are to be produced. Developed weekly for 6-12 month horizons. |
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Term
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Definition
| quantity and timing for assembling subassemblies and component parts into a final finished good. |
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Term
| Materials Requirements Planning (MRP) |
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Definition
| forward-looking, demand-based aproach for planning the production of manufactures good and ordering materials and components. It is used to minimize unnecessary inventories and reduce costs |
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Term
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Definition
| hierarchical relationships between all items that comprise a finished good, purchased parts, and manufactures in-house parts |
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Term
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Definition
| Hierarchical record analogous to a BOM that defines labor inputs necessary to create a good or service |
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Definition
| finished goods scheduled in MPS or FAS that must be forecasted |
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Definition
| Manufactured from one or more componens |
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Definition
| any item other than an end item that goes into a higher-level parent item |
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Definition
| composed of at least one immediate parent and at lest one immediate component |
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Definition
| Process of using the logic of dependent demand to calculate the quantity and timing of orders. |
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Term
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Definition
| Time period size used in the MRP explosion process and are one week in length |
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Term
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Definition
Made of: gross requirements
Scheduled or planned receipts
& Panned order receipts
Projected on-hand inventory
Planned order release |
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Term
| Planned order release (PORel) |
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Definition
| specifies the planned quantity and time an order is to be released to the factory or a supplier |
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Term
| Projected on-hand inventory (POH) |
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Definition
| expected amount of inventory on hand at the beginning of the time period. Considers on hand inventory from prev period plus the scheduled receipts or planned order receipts minus the gross requirements |
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Term
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Definition
| total demand for an item derived from all of its parents |
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Term
| Scheduled or planned receipt (S/PR) |
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Definition
| orders that are due or planned to be delivered |
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Term
| Planned order receipt (PORec) |
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Definition
| Specifies the quantity and time an order is to be received |
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Term
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Definition
| Process of determining the appropriate amount and timing of ordering to reduce costs |
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Term
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Definition
Lot-for Lot (LFL)
Fixed order quantity (FOQ)
Periodic Order Quantity (POQ) |
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Term
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Definition
| ordering schedule that covers the gross requirements for each week. Best applied when inventory-carrying costs are high and setup/order costs are low |
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| Fixed order quantity (FOQ) |
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Definition
| uses a fixed order size for every order or production run |
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Term
| Periodic Order Quantity (POQ) |
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Definition
| Orders a quantity equal to the gross requirement quantity in one or more predetermined time periods minus the projected on-hand quantity in one or more predetermined time periods minus the projected on-hand quantity of the previous time period |
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Term
| Capacity Requirements Planning (CRP) |
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Definition
| Process of determining the amt of labor and machine resources required to accomplish the tasks of production on a more detailed level (taking into account all component parts and end items in the materials plan)Computed by multiplying the number of units to be produced by the resource requirements and then adding in the setup time. |
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Term
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Definition
Attempting to match available personnel with the needs of the organization by:
Accurately forecasting the demand of work
Determining the staffing required by time period
Determining the full and part-time mix
Matching capacity to demand requirements with an efficient work schedule |
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Term
| Steps of Staff Scheduling |
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Definition
1) Converting demand to a capacity measure
2)Determining the quantity and timing of the work to be done in detail
3) Determining the staffing required with variables
4) Match the capacity to demand requirements |
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Term
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Definition
| Accommodate customers and forecast their behavior (they can be viewed as a reservation for service time and capacity) |
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Term
| Appointment Systems Design Related Decisions |
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Definition
1)appointment time interval
2) Length of workday and time off-duty
3)Handling Over-booking
4) Appointment rules that maximize customer satisfaction |
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Term
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Definition
| Required when several activities must be processed using a common resource. It determines the order in which jobs of tasks are processed |
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Term
| Process-focused performance |
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Definition
| sequencing performance criteria that pertains only to information about the start and end times of jobs and focus on shop performance such as equipment utilization and WIP |
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Term
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Definition
| common measure of process-focused performance that measures the amount of time spent in the shop or factory |
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Term
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Definition
| common measure of prossed-focused performance that measures the time needed to process a given set of jobs |
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Term
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Definition
| common measure of customer-focused the difference between the completion time and the due date |
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Term
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Definition
| common measure of customer-focused due date of the amount of time by which the completion time exceeds the due date |
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Term
| Shortest Processing Time (SPT) |
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Definition
| sequencing that maximizes resource utilization and minimizes average flow time and WIP inventory |
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Term
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Definition
| Sequencing that minimizes the maximum job tardiness and lateness |
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Term
| Sequencing Priority Rules when Jobs Arrive Intermittenly |
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Definition
First Come-First Serve (FCFS)
Fewest number of operations remaining (FNO)
Least Work Remaining (FWO)
Least Amount of Work at the Next Process Queue (LWNQ) |
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Term
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Definition
| a useful tool for monitoring schedules, they help keep track of jobs that are behind, on, or ahead of schedule |
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Term
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Definition
| defined as the assignment of start and completion times to particular jobs, people, or equipment |
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