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Finding the optimal combination of products to stock in a retail store cannot be solved
using linear programming.
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A business education is complete with an understanding of modern approaches to
managing operations.
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One form of gap analysis used in operations consulting is benchmarking particular
client company processes against firms which are exemplars in the process and
measuring the differences.
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The FCFS priority rule used in sequencing production jobs will always result in a better
solution than the LCFS rule.
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Decision rules in a simulation are a set of conditions under which the behavior of the
simulation model is observed. These rules are either directly or indirectly the focus of
most simulation studies.
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Group technology includes the set of psychological tests and training exercises given to
group workers to insure a high level of teamwork.
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A visit to a hair salon produces a tangible result'”a new appearance for the customer.
Hence, the output of hair salons is a manufactured good, not a service.
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A typical manufacturing QC department has a variety of functions to perform including
testing designs for their reliability in the lab and the field.
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In production scheduling the process of determining which job to start first on some
machine or in some work center is known as sequencing or priority sequencing.
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A learning curve is a line displaying the way unit production time decreases as time
passes.
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Buffering in a production process refers to a storage area between stages of production
activity where output of a stage is placed prior to being used in a "downstream" stage.
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One of the seven principles or rules for reengineering is to organize around outcomes,
not tasks.
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Simulation models are classified as discrete if they are based on mathematical
equations.
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A simulation model does not have to be validated to provide accurate information.
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