Regardless of the computer language chosen for a simulation model, too much data
from a simulation can be dysfunctional to problem solving.
Facility location analysis considers the competitive imperative of locating near the
appropriate labor pool to take advantage of low wage costs and/or skill levels.
Customer contact refers to creation of the service.
Among the major trends in health care that relate to OSCM is telemedicine (remote
diagnosis).
DHL and United Parcel Service are transportation companies that are prohibited from
functioning as third-party logistics companies the way Federal Express does.
The aggregate operations planning variable “inventory on hand” refers to the balance of
unused inventory carried over from the previous time period.
Infrastructure decisions within operations strategy include the selection of the
appropriate technology, the role of inventory, and the location of facilities.
A quality guru named Philip Crosby suggested that a general approach to quality
management should involve prevention, not inspection.
One of the conditions that makes yield management effective is when inventory is
easily stored and held for a time when demand is stronger.
Poka-yoke is roughly translated from Japanese as “quality management.”