Observe the critical path diagram. Why are there two arrows pointing to task F?
Why is the critical path shown as A-B-E-G-I? How is the critical path defined?
What would happen if activity F was revised to take 4 days instead of 2days?our readers.
Observe the critical path diagram. Why are there two arrows pointing to task F?
Why is the critical path shown as A-B-E-G-I? How is the critical path defined?
What would happen if activity F was revised to take 4 days instead of 2days?our readers.
Operational turnaround at auto components manufacturerAnirban Mazumdar
A project for an auto-ancillary client whose largest plant was running in losses even though demand from OEM customers were rising.We could help the team turnaround operations within a period of 4 months. Not only did they close the year profitably, they also delivered significantly higher volumes.
Dire situations call for smart solutions. In this case, a good diagnosis of the situation, identification of the right initiatives, meticuluous execution and ensuring sustenance delivered the results.
FINANCIAL ACCOUNTING-Inventory
INVENTORY VALUATION
OBJECTIVE OF INVENTORY VALUATION
INVENTORY SYSTEMS
PERIODIC INVENTORY SYSTEM
PERPETUAL INVENTORY SYSTEM
METHODS OF INVENTORY VALUATION
WEIGHTED AVERAGE PRICE METHOD
Top 10 most important manufacturing performance indicators in 2019MRPeasy
mrpeasy.com
In manufacturing, there are many outside influencing factors, tracking the performance of an operation with KPI metrics means the difference between success and failure. Here are the most important manufacturing performance indicators.
Chapter 6 terms Assemble-to-orderA production environment wher.docxchristinemaritza
Chapter 6 terms
Assemble-to-order
A production environment where pre-assembled components, subassemblies, and modules are put together in response to a specific customer order.
Assembly line
A process structure designed to make discrete parts. Parts are moved through a set of specially designed workstations at a controlled rate.
Assembly-line balancing
The problem of assigning all the tasks to a series of workstations so that each workstation has no more than can be done in the workstation cycle time and so that idle time across all workstations is minimized.
Continuous process
An often automated process that converts raw materials into a finished product in one contiguous process.
Customer order decoupling point
The place where inventory is positioned to allow processes or entities in the supply chain to operate independently.
Days-of-supply
The number of days of inventory of an item. If an item were not replenished, this would be the numbers of days until the firm would run out of the item (on average). Also, the inverse of inventory turn expressed in days.
Engineer-to-order
Here the firm works with the customer to design the product, which is then made from purchased materials, parts, and components.
Flow time
The time it takes a unit to flow through a process from beginning to end.
Inventory turn
The cost of goods sold divided by the total average value of inventory.
Lead time
The time needed to respond to a customer order.
Lean manufacturing
The attempt to achieve high customer service with minimum levels of inventory investment.
Little’s law
A mathematical expression that relates inventory, throughput, and flow time.
Make-to-order
A production environment where the product is built directly from raw materials and components in response to a specific customer order.
Make-to-stock
A production environment where the customer is served “on-demand” from finished goods inventory.
Manufacturing cell
An area where simple items that are similar in processing requirements are produced.
Precedence relationship
The order in which tasks must be performed in the assembly process.
Product–process matrix
Shows the relationships between different production units and how they are used depending on product volume and the degree of product standardization.
Project layout
The product, because of its sheer bulk or weight, remains fixed in a location. Equipment is moved to the product rather than vice versa.
Throughput
The long-term average rate that items flow through a process.
Total average value of inventory
The total average investment in raw material, work-in-process, and finished goods inventory. This is valued at the cost to the firm.
Workcenter
Often referred to as a job shop, a process structure suited for low-volume production of a great variety of nonstandard products. Workcenters sometimes are referred to as departments and are focused on a particular type of operation.
Workstation ...
Operational turnaround at auto components manufacturerAnirban Mazumdar
A project for an auto-ancillary client whose largest plant was running in losses even though demand from OEM customers were rising.We could help the team turnaround operations within a period of 4 months. Not only did they close the year profitably, they also delivered significantly higher volumes.
Dire situations call for smart solutions. In this case, a good diagnosis of the situation, identification of the right initiatives, meticuluous execution and ensuring sustenance delivered the results.
FINANCIAL ACCOUNTING-Inventory
INVENTORY VALUATION
OBJECTIVE OF INVENTORY VALUATION
INVENTORY SYSTEMS
PERIODIC INVENTORY SYSTEM
PERPETUAL INVENTORY SYSTEM
METHODS OF INVENTORY VALUATION
WEIGHTED AVERAGE PRICE METHOD
Top 10 most important manufacturing performance indicators in 2019MRPeasy
mrpeasy.com
In manufacturing, there are many outside influencing factors, tracking the performance of an operation with KPI metrics means the difference between success and failure. Here are the most important manufacturing performance indicators.
Chapter 6 terms Assemble-to-orderA production environment wher.docxchristinemaritza
Chapter 6 terms
Assemble-to-order
A production environment where pre-assembled components, subassemblies, and modules are put together in response to a specific customer order.
Assembly line
A process structure designed to make discrete parts. Parts are moved through a set of specially designed workstations at a controlled rate.
Assembly-line balancing
The problem of assigning all the tasks to a series of workstations so that each workstation has no more than can be done in the workstation cycle time and so that idle time across all workstations is minimized.
Continuous process
An often automated process that converts raw materials into a finished product in one contiguous process.
Customer order decoupling point
The place where inventory is positioned to allow processes or entities in the supply chain to operate independently.
Days-of-supply
The number of days of inventory of an item. If an item were not replenished, this would be the numbers of days until the firm would run out of the item (on average). Also, the inverse of inventory turn expressed in days.
Engineer-to-order
Here the firm works with the customer to design the product, which is then made from purchased materials, parts, and components.
Flow time
The time it takes a unit to flow through a process from beginning to end.
Inventory turn
The cost of goods sold divided by the total average value of inventory.
Lead time
The time needed to respond to a customer order.
Lean manufacturing
The attempt to achieve high customer service with minimum levels of inventory investment.
Little’s law
A mathematical expression that relates inventory, throughput, and flow time.
Make-to-order
A production environment where the product is built directly from raw materials and components in response to a specific customer order.
Make-to-stock
A production environment where the customer is served “on-demand” from finished goods inventory.
Manufacturing cell
An area where simple items that are similar in processing requirements are produced.
Precedence relationship
The order in which tasks must be performed in the assembly process.
Product–process matrix
Shows the relationships between different production units and how they are used depending on product volume and the degree of product standardization.
Project layout
The product, because of its sheer bulk or weight, remains fixed in a location. Equipment is moved to the product rather than vice versa.
Throughput
The long-term average rate that items flow through a process.
Total average value of inventory
The total average investment in raw material, work-in-process, and finished goods inventory. This is valued at the cost to the firm.
Workcenter
Often referred to as a job shop, a process structure suited for low-volume production of a great variety of nonstandard products. Workcenters sometimes are referred to as departments and are focused on a particular type of operation.
Workstation ...
Manufacturing Lead Time Reduction in Monoblock (SWJ) Pump Industry [irjet-v4 ...PERUMALSAMY M
Manufacturing lead time is the time required to produce product from its raw materials to final product.A company has to fulfill its customer needs to sustain in this competitive world. Lean has served the manufacturing sector with speed and quality. This project aims at lead time reduction in pump manufacturing company. Value Stream Map(VSM) served as an initiative for identifying bottlenecks process and waste in the manufacturing line; current state map is drawn by the observation made on the shop floor. The takt time is calculated for the demand to find out the bottleneck operations. After identifying the bottleneck operations line balancing is done. The Work In Process (WIP) inventory is reduced by balancing the workstation. Future state map is developed in the perspective of reduction of lead time and to match the takt time with bottleneck process. After line balancing implementation, the lead time for assembly of the SWJ pump is reduced 32 percent and work in process inventory is reduced 25 percent.
OPS 571 HELP Expect Success /ops571help.commyrealit
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1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth 2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project 3. Which of the following is a total measure of productivity? Output/Materials Output/Labor Output/(Labor + Capital + Energy) All of these
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V grand canyon university nrs 440 v week 3 reflection paper newNoahliamwilliam
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Chamberlain college of nursing nr 351 week 3 assignment professional paper wo...Noahliamwilliam
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Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
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Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
1. UOP OPS 571 Final Exam Guide New 2017 (Score 30/30) NEW
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1. Identify a disadvantage of implementing group technology in
a firm.
The number of employees required for a process increases
exponentially.
The workers must be flexible enough to run several machines
and processes.
It increases inventory.
The waiting time between operations is increased.
2. A shopkeeper purchases raw materials to manufacture
souvenirs for a local event that happens once every five years.
In this case. identify the model that the shopkeeper is most
likely to use to maintain stock.
Lot sizing model
Fixed—time period model
Fixed—order quantity model p.
Single-period model
3 Define synchronous manufacturing as stated by Goldratt's
theory.
It is a production process organized to achieve the goals of the
firm.
It is an integrated set of activities designed to achieve high
2. quality and high levels of production with minimal inventories
of raw materials.
It is a production process in which machines are the critical
resource used for scheduling.
It is the optimization of the rate at which cash is generated by
production through sales.
4. involves testing random samples of the end product from a
process to determine if the process is churning out items within
the predetermined range.
Organizational leaming
Statistical process control
Cyclical strategic scheduling
Event simulation
5. Utilization is the ratio between the actual amount of time a
resource is activated for and the total amount of time the
resource is available for use.
Utilization
Lead time
Service rate
Pacing
6. The manager of a shop floor schedules production based on
the equipment that are used in the process as a key resource. In
this case. the manager is most likely using a
backward scheduling
forward scheduling
machine-limited process
labor-limited process
7 Define lead time.
It is the time required to achieve high customer service with
minimum levels of inventory investment.
It is the time required to produce a variety of products typically
3. at lower volume levels.
It is the time required to attend to a customer order.
It is the time required to position inventory in the supply chain.
8. refers to the integrated activities designed to achieve high
quality and high levels of production with minimal inventories
of raw materials and to eliminate wastes.
The Shingo system
Kanban system
Lean production
Process mapping
9. Define preventive maintenance.
It is the grouping of similar parts and processes into a
specialized workcell.
It is the improvement that stems from both a person's
experience and the changes in equipment. product design. and
administration.
It is the periodic inspection and repair of equipment to avoid
breakdowns.
It is the emphasis of getting a product or a process right the
first time.
10. shows the relationship between the total number of units
produced and the unit production tim
A Poisson distribution
A learning curve
Cycle time
Service rate
11 Identify a true statement about services.
A service is a tangible process.
A service is inherently heterogeneous
A service has physical dimensions.
A service has very limited or no customer interaction.
4. 12. In a the product remains in a specific location and the
equipment labor and material required for the product are
gathered to the specific location
project layout
functional layout
manufacturing cell
workcenter
13. Rachel performs an analysis in which she analyzes the
performance of the clients of her organization relative to the
expectations of the client's customers. In this scenario. Rachel
is most likely using a
Pareto analysis
gap analysis
Gantt chart
bar chart
14. is the design operation and improvement of the processes
that create and deliver a company's essential products and
services.
Inventory control
Operations and supply chain management
Product routing
Aggregate sales and operations planning
15. determines the amount of inventory, which includes parts.
components. and materials. necessary to produce a product
Break-even analysis
Dynamic programming
Material requirements planning
GAP analysis
16. Define customer order decoupling point.
It involves the analysis of current business data to better solve
business problems using mathematical calculations.
5. It is the time required to attend a customer order.
It is the positioning of inventory in a supply chain.
It illustrates the method by which a company's strategy is
delivered through a set of supporting activities.
17. Define waste reduction.
It is the process of combining the concept of cross-docking and
consolidation.
It is the elimination of non—value-adding activities and the
optimization of value-adding activities that are part of a
process.
It is the optimization of the rate at which cash is generated by
production through sales.
It is the integration of activities to increase the customer value
of a process.
18. Identify the true statements about the learning curve
theory.
It assumes that the unit time for a task will decrease at a
decreasing rate.
A drawback of the learning curve theory is that the
performance can be measured only in terms of time per unit.
In a learning curve. the time for task completion will increase
each time the task is undertaken.
In a learning curve the reduction in time will be unpredictable.
19. is the characteristics of a product in terms of quality that
are sorted as either conforming or nonconforming to
specification.
The capability index
A throughput rate
A learning curve
An attribute
6. 20. Identify a true statement about an operations consulting
process.
Its results are immediately measurable.
It leads to changes in attitudes and culture of an organization.
Unlike general management consulting. operations consulting
does not require extensive interviewing of employees.
It takes a longer time than general management consulting to
yield results that can be measured.
21. Identify a true statement about water transportation mode.
It is a highly specialized mode of transport limited to the
delivery of gases-
Moving high volumes of products is costly.
It can handle a high capacity of materials.
Fast transit times can be achieved in this mode of
transportation.
22. A pharmaceutical company keeps detailed documentation
of its inventory. The company replenishes its inventory
whenever the inventory level falls below a certain limit and
there is a threat of a stockout. This company is most likely
using a model.
fixed-order quantity
fixed-time period
regression
single-period
23. According to Goldratt's definition, is the rate at which cash
is generated by production through sales.
expediting
throughput
productivity
cash flow
7. 24. Identify an advantage of pure projects.
Team pride, motivation, and commitment are high.
Team members have authority over the project.
Organizational goals and policies are upheld.
Duplication of resources is eliminated
25. are used for decisions that are related to aggregate and
strategy demand-
Process assessments
P-models
Periodic review systems
Strategic forecasts
26. Identify a disadvantage of pure projects.
Equipment and people are not shared across projects.
A lot of time is consumed while making decisions.
Lines of communication are lengthened.
The project manager has no authority over the project.
27. is responsible for scheduling, dispatching, monitoring, and
regulating production on the shop floor.
Manufacturing execution system
P-model
ABC classification
Enterprise resource planning
28. is the average time required to finish a cycle of an
operation.
Cycle time
Lead time
Queue time
Changeover time
29. A manufacturing firm efficiently assembles an airplane by
bringing all the necessary raw materials, parts, and equipment
to a central location. This scenario illustrates a
8. functional layout
workcenter
manufacturing cell
project layout
30. The main objective of the aggregate operations plan is to:
achieve better integration between suppliers and
manufacturers.
minimize the cost of resources necessary to meet demand.
determine future demand with the help of past data.
keep demand and supply in balance.