Buad 311 quiz 1 cheat sheet PDF

Title	Buad 311 quiz 1 cheat sheet
Author	Zhaoyang Xiu 'student'
Course	Operations Management
Institution	University of Southern California
Pages	1
File Size	197.3 KB
File Type	PDF
Total Downloads	90
Total Views	171

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Buad 311 quiz 1 cheat sheet...

Description

Flow rate= rate at which the process is producing output=number of flow units actually produced per unit time= minimum (Demand, Process capacity) Utilization: percentage of time that a resource is occupied. =flow rate / capacity *100% cannot exceed 100% Implied utilization = demand / capacity *100% can exceed100% Bottleneck: resource with the highest utilization and the highest implied utilization Flow time = processing time + waiting time WIP = Flow Rate * Flow Time WIP: number of positions the job needs to move through Flow rate: rate at which jobs fall off the belt Flow time: time spent on the belt Cash Conversion Cycle CCC: Days of working capital needed to support business= time between spending money and getting money....