Join Eddie Davila for an in-depth discussion in this video Assembly lines and tradeoffs, part of Operations Management Fundamentals.
- Production processes seek to make things well,…make them quickly, and with minimal resources.…In order to do these things, a production system…must have a goal.…It must know how many products it will need to produce…in a certain period of time.…For example, suppose we know that a production system…must produce 20 units every hour.…That would mean the production line would need to complete…a new unit every 3 minutes.…Our Cycle time.…
Cycle time is the production time divided by demand.…The production time is one hour, or 60 minutes,…and the required demand is 20 units,…so we get a Cycle time of 3 minutes.…This number, Cycle time, is important because…it means that we can't give any single worker…on our production line more than 3 minutes of work per unit.…If we did give them more than 3 minutes of work per unit,…they would become a bottleneck,…and the system would slow down,…and we would not be able to reach our demand…of 20 units per hour.…
There are a few other things to consider though.…Creating a perfectly balanced production line,…
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- Understanding operations management
- Making key inventory decisions
- Balancing holding costs and ordering costs
- Choosing a production strategy and facility layout
- Managing waiting-line systems
- Defining quality and improving quality
- Managing business processes
Skill Level Appropriate for all
1. Introduction to Operations
2. Managing Inventory
3. Managing Production of Products and Services
4. Managing Waiting Lines
5. Managing Quality
6. Operations at the Office
Wrap up2m 52s
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