About This Chapter
Operations Processes and Technology - Chapter Summary and Learning Objectives
The video lessons in the Operations Processes and Technology chapter focus on topics such as process flowcharts and the use of assembly charts. The video lessons in this chapter could teach you more about:
- The sourcing continuum
- The uses for an operations sheet
- The definition of break-even analysis
|Process Planning and Strategy for Batch vs. Continuous Processes||Explore the decisions that might go into the development of a process strategy.|
|Factors Affecting the Decision to Outsource||Discuss the reasons why companies might outsource.|
|Process Selection and Breakeven Analysis||Learn about the costs associated with process selection.|
|Process Analysis Methods: Assembly Chart, Operations and Process Flowcharts||Discuss process analysis methods.|
|Process Innovation Steps||Read about the different steps of process innovation.|
|Financial Justification of Technology||Learn about financial justification of technology.|
1. Process Planning & Strategy for Batch vs. Continuous Processes
While you might be tempted to think that there's always a best way to produce something, this lesson on batch vs. continuous processes may challenge that way of thinking.
2. Factors Affecting the Decision to Outsource
Watch this video lesson to learn how a business decides whether to outsource or not. Learn the reasons why outsourcing can sometimes be cheaper and thus more profitable for a company.
3. Process Innovation Steps
In this lesson, you will briefly review what process innovation is and its high-level steps. In addition, you'll begin to understand why this four-step approach creates consistency and reduces risk associated with innovation.
4. Financial Justification of Technology
New technologies can be highly beneficial to a company, but they come with a high price tag. This lesson will describe financial justification and provide examples of how a company can financially justify the purchase of new technology.
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Other chapters within the Business 112: Operations Management course
- Introduction to Operations & Supply Chain Management
- Quality in Operations & Supply Chain Management
- Six Sigma & Operations
- Monitoring & Controlling Quality
- Project Management
- Product Design
- Service Design
- Capacity & Facilities Design
- Facility Location Models
- Supply Chain Strategy & Design
- Global Supply Chain Procurement & Distribution
- Inventory Management
- Lean Systems
- Forecasting in Operations Management
- Sales & Operations Planning
- Resource Planning in Operations Management
- Scheduling in Operations Management