Intuition around core operations management concepts
Intuition around core operations management concepts
Students experiment with assembly process models and configure an efficient production environment. The simulation explores concepts in process analysis through a series of simulation models and related problem sets.
The Story
Students work with process models over time in this series of problems dealing with production environments. While experimenting, students can monitor throughput, cycle times, production capacity, and utilization rates. Students add workers or set task times to improve yield.
Learning Focus
· Develop intuition around core operations management concepts
· Investigate fundamental concepts of process analysis
· Facilitate discussion around the interplay between various elements of process analytics
Topics Covered
· Operations Management
· Capacity Management
· Inventory Management
Welcome to the Process Analytics Simulation
This application will let you experiment with process models by simulating them over time, or calculating them analytically.
Definitions
As you go through the exercises, please note the following definitions of terms that may be used.
Cycle time for a production line is the time between successive (finished product) units coming off the end of the line.