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A capacity cushion is the amount of capacity less than expected demand.
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Facility location analysis considers the competitive imperative of locating near the
appropriate labor pool to take advantage of high technical skills.
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The 'sawtooth effect", named after turn-around artist Al "chainsaw" Dunlap is the
severe reduction of inventory and service Levels that occurs when a firm has gone
through a hostile takeover.
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In operations and supply strategy, a strategic priority does not have to make
compromises with other priorities.
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One of the current issues of operations and supply management is optimizing global
supplier, production and distribution networks.
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Operations and supply management simulations are most usually the continuous type.
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A two-bin inventory system actually requires four physical bins to work.
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The value for "z" used in quality control charts is based on the degree of confidence you
want to have in the resulting UCL and LCL values.
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The choice of which process structure to select is generally a function of the volume
requirements for the product.
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General-Purpose Simulation Software (GPSS) is really a computer language that allows
programmers to build their own simulation models.
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