Management 3325 Exam 1
cycle 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
cycle 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
