Operational efficiency 0.0 / 5 ? Business StudiesOperations managementASAQA Created by: konradekeCreated on: 29-03-16 11:39 What is operational efficiency? Maximising the output achieved from given inputs including machinery, materials and people 1 of 10 How can you improve efficiency? Increasing capactiy utilisation, Increasing labour productivity, Lean production techniques, Choosing the optimal resource mix, Using technology 2 of 10 What are two types of lean production? Just in time (JIT) and Kaizen 3 of 10 What is Just in time? A technique used to minimise stock holdings at each stage of the production process, helping ot minimise costs 4 of 10 What is Kaizen? A technique that concentrates on small but frequent improvements in every aspect of production 5 of 10 What four factors are combined in operations management? Land, Labour, Capital and Enterprise 6 of 10 How can technology improve operational efficiency? Robotics, Automation, Communication and Design technology (CAD CAM) 7 of 10 What is robotics? The programming of robots to carry out tasks more traditionally completed by humans 8 of 10 what is automation? The use of machines to control a process, such as stock control or the production line 9 of 10 What is CAD? Computer aided design, allows for greater manipulation in 3D simulations before investing in prototypes 10 of 10
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