BPM Week 1 Flashcards

(52 cards)

1
Q

BPM =

A

OM + BIS

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2
Q

Value Added

A

Process that leads to final product. Changes inputs to outputs

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3
Q

Non Value Added Process

A

Could be removed from the process without changing outcome. Ex: waiting in line

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4
Q

Inputs

A

Things put into the process Ex: money, time, labor

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5
Q

Output

A

Final outcome of process

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6
Q

Process Steps

A

Physical steps in a process. sequence of actions and exchanges of resources.

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7
Q

BIS

A

Information flows. Business functions and processes that constantly exchange info

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8
Q

Processes can be improved by:

A

lower cost, better product quality, best customer value, increased product innovation.

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9
Q

OM

A

process control and improvement

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10
Q

Pre Industrial

A

agriculture, mining, simple tools

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11
Q

Industrial

A

goods production, machine tending, quantity of goods

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12
Q

Post Industrial

A

among persons, services, information, quality of life

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13
Q

what % in 1800 of US workforce in agriculture?

A

80%

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14
Q

What % in 1950 of US workforce in goods production/factories?

A

37.5%

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15
Q

1950-now % in services?

A

50-80%

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16
Q

Productivity definition

A

how much you can get done in a certain amount of time. output divided by input. always has units of measurement.

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17
Q

Clark-Fisher Hypothesis

A

productivity increases in one sector of economy make available resources to others.

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18
Q

In early 1900’s, ratio of workers in service sectors

A

3 out of 10

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19
Q

in 1950 what percent workers in services?

A

50%

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20
Q

why is post industrial era start in 1950s?

A

first time more than 50% work in services

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21
Q

Efficiency

A

the ratio of measured productivity to an established productivity standard or norm. (measured productivity / norm productivity) Dimensionless with no units. (expected/example)

22
Q

Increase productivity

A

new technology, mechanization, better processes.

23
Q

Business Process Reengineering (BPR)

A

changing a process to increase efficiency and effectiveness.

24
Q

division of labor and trade leads to…

A

specialization

25
local optimization leads to..
outsourcing
26
Dematerialization
replacement of information-bearing physical goods and services with electronic ones
27
Engel theory
"can only eat so much…" As family income increases, the percentage spent on food and durables drops while consumption of services increases
28
Bell theory
Economic growth partially drives itself. Combination of all other three theories.
29
Service Information Process
from customer to service provider, then provider does task, then service provider to customer
30
Explicit Service
ex: university, degree, education, job. Only care about specific topic
31
Implicit Service
ex: university, beavers, win, football, greek life. Care about everything that surrounds topic psychologically.
32
Closed System
manufacturing facility. can rely on inventory for fluctuations in demand
33
Open System
Services that cannot be stored therefore no inventory
34
Flux
Everything changes everyday. systems theory solves this.
35
System
conceptualization of reality. dynamic and cognitive (human) construct.
36
Element
Part of system. Adds value (actor)
37
Subsystem
element that can be a system by itself
38
Black Box
element modeled as if it has no structure.
39
Control Elements
elements whose input is under control of a decision maker
40
Feedback
input to an element as a response to a previous output by the same element.
41
Process
is a series of subsequent changes in the state of a system's elements (state transitions) – also known as System’s Dynamics – system behavior.
42
Deterministic Process
Outcomes are certain. Determined by initial state and dynamics.
43
Stochastic Process
Outcomes not certain and randomness changes dynamics.
44
Stochastic Distributions
Normal, Uniform, Poisson, Exponential
45
Bill Hewlett
"you cannot manage what you cannot measure"
46
DMAIC
Define, measure, analyze, improve, control
47
Process Performance measures:
inputs/outputs, time, yield, quality, cycle time
48
Cycle time=
setup time + wait time + move time + queue time + process time
49
ERP
Enterprise Resource Planning systems. integrate data from all departments
50
Percent of fortune 500 companies with ERP
75-80%
51
MRP
Materials Requirement Planning. Production planning and inventory control system used to manage manufacturing process.
52
MRPII
Manufacturing Resource Planning. Method used for effective planning of all resources of a manufacturing company.