Understanding Production Systems: Volume Variety Matrix & Efficiency, Quizzes of Introduction to Business Management

Download Understanding Production Systems: Volume Variety Matrix & Efficiency and more Quizzes Introduction to Business Management in PDF only on Docsity! TERM 1 4 volume variety matrix DEFINITION 1 1. process focus (hospitals, restaurants) 2. repetitive (autos, motorcycles, Harley Davidson) 3. mass customization (dell computer) 4. product focus (commercial baked goods, steel, glass) TERM 2 Capacity DEFINITION 2 the "throughput", or number of units a facility can hold, receive, store, or produce in a period of time TERM 3 utilization DEFINITION 3 actual output as a percent of design capacity TERM 4 efficiency DEFINITION 4 actual output as a percent of effective capacity TERM 5 how to add capacity in short range DEFINITION 5 schedule jobs, schedule personnel, allocate machinery