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Flashcards · Operations
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What operations management is
Productivity
Why location decisions matter
Factor rating and cost-profit-volume
Centre of gravity and load-distance
Network design and the transportation model
Plant layout: principles and types
Line balancing
Process layout and CRAFT
Forecasting: what and why
Moving averages and smoothing
Forecast accuracy and trend
Inventory: types, functions and costs
The economic order quantity
The economic production quantity
Quantity discounts
Reorder point and safety stock
ABC classification
Material requirements planning
Aggregate planning: options and strategies
Costing an aggregate plan
Scheduling and sequencing
Project management: PERT and CPM
Logistics and supply chain
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