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Emory ISOM 351 Walton Final Exam Questions and Answers 100% PASS

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Emory ISOM 351 Walton Final Exam Questions and Answers 100% PASS

Institution
ISOM 351
Course
ISOM 351

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Emory ISOM 351 Walton Final
Exam Questions and Answers 100%
PASS

process management - CORRECT ANSWER-the art and science of analyzing,

measuring, and optimizing business processes

process management matters because - CORRECT ANSWER-organizations must

be able to consistently execute their processes to deliver value to their customers

start to finish time - CORRECT ANSWER-time it takes one unit from start to

finish, total work content

cycle time - CORRECT ANSWER-time between units being finished, completion

rate

design capacity - CORRECT ANSWER-max amount of work per time period

assuming no constraints

effective capacity - CORRECT ANSWER-actual amount of work per time period

bottleneck - CORRECT ANSWER-process step that limits output, rate limiting

step

, utilization rate - CORRECT ANSWER-actual output divided by design capacity

idle time - CORRECT ANSWER-time when work is not being processed

Gantt charts - CORRECT ANSWER-- used to visualize process characteristics

- show activities, resources, duration, sequence

- helpful to locate the bottleneck, determine over/underutilized resources, suggest

areas for improvement

what is the relationship between cycle time and capacity - CORRECT ANSWER--

Cycle time is the bottleneck's time to perform its activity

- The cycle time determines the capacity of the system—bc the bottleneck is the

rate limiting step

- Capacity of the system can be calculated by taking the total hours divided by the

cycle time (Design Capacity) and for Effective Capacity, you need to subtract by

the STF time first and then divide by the cycle time and add one at the end

process metrics - CORRECT ANSWER-- how long: stf time, throughput time,

cycle time

- how many: design and effective capacity

- how much used: utilization

batch size - CORRECT ANSWER-number of units that move together as a group




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