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Management 453 - Operations Management
Final Exam LeBlance Berry College
19
Management
Undergraduate 4
12/06/2011

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Cards

Term
Master Production Schedule
Definition
a statement of all productions demands in terms of what how much and when
Term
Hierarchical Scheduling
Definition
Aggregate Product - Greater Detail
Long Horizones - Shorter Horizons
Long Time Buckets - Shorter Buckets
Top Management Repsonsibility - Operating Management Responsibility
Term
Production Plan
Definition
a rate of production in gross terms
Term
Master Schedule
Definition
a statement of production in specifics
Term
Model
Definition
represents the basic function and standard design of the product
Term
option
Definition
an alternative that must be selected in order to complete the product
Term
accessory
Definition
an alternative that may be selected in order to complete the product
Term
selecting the items to master schedule
Definition
- each item should have a BOM
- number of items should be kept small
- demand for each item should be forecastable
- items in combination should constitute most of the required production capacity
- selection of items should provide flexibility and convenience in meeting customer requirements
Term
Material Requirements Planning
Definition
a time-phased priority planning system to schedule orders to meet reuirements
Term
MRP Uses
Definition
- master schedule
- bills of material
- inventory status
Term
MRP Does
Definition
- calculate requirements date and quanitity
- plan orders date and quanitity
- maintain priorities
Term
independent demand
Definition
end products service parts
Term
Dependent demand
Definition
component parts
raw materials
Term
Planned Lead Times
Definition
- manufactured parts: queue + setup+ run+move in working days
- purchased parts: negotiated delivery lead time in calendar days

used to establish schedule dates
Term
MRP charactersistics
Definition
product oriented
looks to the future
time phases requirements
priority planning system
Term
Bills of Materials
Definition
parent-componenet relationship
low level codes
multi-level items
Term
net requirements
Definition
gross requirements - on hand - on order
Term
JIT Elimination of waste
Definition
focused factory network
group technology
quality control at the source
justintime production
uniform plant load
kanban production control system
minimize setup time
Term
JIT respect for people
Definition
lifetime employment
company unions
attitude towards workers
automation/robotics
bottom round management
subcontractor network
quality control circles
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