MAN 4504 Lecture Notes - Lecture 15: Longest Path Problem

• School: University of Florida
• Department: Management
• Course: MAN 4504
• Professor: Munson Adam B.

Document Summary

A collection of task connected by a flow of goods and information that transforms various inputs into useful outputs. A process may have the capability to store both goods and information during the transformation: flows within a process. To examine a transformation process from the perspective of flows. The unit being transformed is generically referred to as a job & can represent a customer, an order, material, money, etc: process diagram. Activities: add value, may/may not have inventory/ have capacity. Inventory buffer: do not have a capacity. > may have a max volume: process times for stations, systems, & cycles. The process time of the system is the process time of the bottleneck after dividing by the number of parallel operations. The system capacity is the inverse of the system process time. The process cycle time is the total time through the longest path in the system: service application.