BUSI 650 Chapter Notes - Chapter 4: Gantt Chart, Overselling, Process Flow Diagram
2 Mar 2018
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Yield: amount of output of acceptable quality emerging from a production system compared with the amount that entered it. Ways of contracting capacity (4: divest the firm of operations, lay off workers, outsource functions, sell or lease equipment and facilities. Anticyclic output: output counter to the fire cycle. Seasonality: doesn"t have to refer solely to the seasons but can equally relate to daily, weekly, or monthly cycles. Scheduling: primarily interested in minimizing the number of late jobs, minimizing the rejects, maximizing the throughput, and maximizing the utilization of available resources, concerns the timing of use. Gantt chart: can be used to show time schedules and capacities of facilities, workers, jobs, activities, machines etc. Finite loading: shifting jobs to avoid conflict. Infinite loading: work is scheduled on the resource as if it had infinite capacity to handle any and all jobs. Operation splitting: whether an operation can be stopped for a while and then restarted.
