Tom 3010 - Study guides, Class notes & Summaries

For jidoka, autonomation to work? - ️️1. equipment has to be capable of detecting problem exists 2. stopping production 3. alerting the operator How can we determine if a process is lean? - ️️the operation strives for a reduction of waste in its capacity AND the time a flow unit spends in the system How does a make to order pull system work? - ️️Typically each flow unit in a make to order system is already assigned to one specific customer order with a first in, first out (FI...

_______ analysis estimates the relationship of one variable with multiple variables that influence this one variable. - ️️Regression ___________ analysis estimates the relationship of one variable with multiple variables that influence this one variable. - ️️Regression ______________ is the process of creating statements about outcomes of variables that will only be realized in the future and are currently uncertain. - ️️Forecasting A forecast should be ______, or, correct on aver...

__ of inventory can absorb variations in flow rates by acting as a source of supply for a downstream step. - ️️Buffers __ stock is held just in case demand turns out to be higher than predicted. - ️️Safety _blank_ is the average amount of time (in days) it takes a unit to flow through the system. - ️️Days-of-supply _blank_ is the inverse of days-of-supply. - ️️Daily turns — Which process metric is the equivalent of days-of-supply? - ️️Buffers "Bait and __ " is a ques...

"Lead time" is sometimes defined as the time between initiation and completion of a production process. Which process metric is a synonym for lead time? - ️️Flow time A ____________ __________________ is something we can measure that informs us about the performance and capability of a process. (Enter one word in each blank.) - ️️process metric A hospital administrator wants to know how long patients spend in the emergency room. What process metric is involved? - ️️Flow time A ...