Save
Upgrade to remove ads
Busy. Please wait.
Log in with Clever
or

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever
or

Username is available taken
show password


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.
Your email address is only used to allow you to reset your password. See 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
Remaining cards (0)
Know
0:00
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

OPS LU 4

TermDefinition
output capacity the maximum amount of value
resource utilization the extent to which a specific resource is being used compared to its potential or availability
caalculation total time resource is available/ actual time resource is used x100%
capacity utilization the extent to which an organization is using its overall production capacity
calculation maximum possible output/ actual output x100%
undercapacity occurs when the demand for resources exceeds the supply, resulting in poor performance, service interruptions, and lost opportunities, not enough. capacity to meet the demand
overcapacity excessive capacity for production or services in relation to demand, to much capacity for too little demand
service capacity maximum level of value-added actively that the service process can consistently achieve under normal operating conditions over a period off time
long term management covering the whole business, horizon time of years and months
medium-term covering individual parts of the business, horizon timeee of quarters, months and weeks
short-term management covering individual processes and staff, horizon time of weeks, days, hours
level capacity scarce or expensive resources are maintained at a constant level
chase capacity organisation attempts to match supply to demand
demand management the organization influences the demand profile to "smooth" the load on the resources
forecast demand the prediction of the quantity of goods and services that will be demanded by consumers at a future point in time.
throughput time Work in Progress x cycle time
overutilization the demand is to high to meet the resources
underutilization to many resources compared to the demand
coping zone processes are stressed but still functional, requiring efficient resource use
break point increase in demand, high pressure situation
Created by: Vvéda
Popular Business sets

 



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