3MeasureS

3MeasureS - TOM 301 - Operations Management Basic Measures...

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TOM 301 -- TOM 301 -- Operations Management Operations Management Basic Measures of Basic Measures of Operations Operations Xiaohui XU
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Three basic measures of a process Productivity Capacity Utilization
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Face Game WIP2 WIP1 RMI FGI OP 1 OP 2 OP 3 Break into groups of 3. Each people performs one of the 3 operations above. Use sticky pads and draw with pencils. When time is called, write down how many cards are in each operation and each inventory area except RMI. Raw Material Inv. Work-in- process Finished goods Inv.
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Inputs Outputs = ty Productivi Productivity Defined Inputs: labor, materials, capital, … Outputs: goods, services Productivity: a measure of the effective use of resources, usually expressed as the ratio of output to input. (p47)
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Factor Productivity Measures Partial productivity (a single input) Multifactor productivity (more than one input) Total productivity (all inputs) …Calculation depends on units used: Units of output per labor hour Units of output per dollar spent Sales ($) per dollar spent
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This note was uploaded on 06/04/2008 for the course TOM 301 taught by Professor Xu during the Spring '08 term at Cal Poly.

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3MeasureS - TOM 301 - Operations Management Basic Measures...

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