Save
Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

why


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't know (0)
Remaining cards (0)
Know (0)
0:00
share
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Mod 2

MGMT 361

QuestionAnswer
Any set of activities performed by an organization that takes inputs and trasforms them into outputs ideally of greater value to the organization that the original inputs Process
The average time between completions of successive units in a process Cycle Time
The ratio of the time that a resource is actually activated relative to the time that is available for use Utilization
A storage area between stages where the output of a stage is place prior to being used in a downstream stage Buffering
The activities in the stage must stop because there is no place to deposit the item just completed Blocking
The activities in a stage must stop because there is no work Starving
A resource that limites the capacity or maximum output of the process Bottleneck
A process that is activated only in response to an actual order Made-to-Order
A process that produces standard products that are stored in finished goods inventory Made-to-Stock
Combines the features of both make-to-order and make-to-stock Hybrid
Movement of items through a process is coordinated through a timing mechanism Pacing
The ratio of output to input. Productivity
The ratio fo the actual output of a process relative to some standard Efficiency
The time required to produce a batch of parts Run time
The time required to prepare a machine to make a particular item Setup time
The sum of the setup time and run time for a batch of parts that are run on a machine Operation time
The average time that it takes a unit to moe through an entire process Flow time
The output rate that the process is expected to produce over a period of time Throughput rate
The ratio of the total flow time to the value added time Throughput ratio
The time in which useful work is actually being done on the unit Value-added time
The total average investment in raw material, work-in-process, and finished goods inventory Total average value of inventory
The cost of goods sold divided by the total average value of inventory Inventory Turn
The number of days of inventory of an item Days-of-Supply
WIP=Flow Rate * Flow Time Littles Law
Created by: bdoney
 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!

"Know" box contains:
Time elapsed:
Retries:
restart all cards