The Classic View of Operation Strategy The traditional view of manufacturing strategy was put forward by Wickham Skinner of the Harvard Business School. .Classical operations strategy thinking relates to the following issues: 1.Time horizon 2.Focus 3.Evaluation 4.Consistency
The Classic View of Operation Strategy • The traditional view of manufacturing strategy was put forward by Wickham Skinner of the Harvard Business School. • Classical operations strategy thinking relates to the following issues: 1. Time horizon 2. Focus 3. Evaluation 4. Consistency
Matching Process and Product Life Cycle Process structure Ⅱ Ⅲ W Low volume, Multiple Few major High volume,high low products,low products,higher standardization, standardization, volume volume commodity one of a kind products I Commercial Jumbled flow Void (job shop) printer Ⅱ Disconnected line Heavy flow equipment (batch) Ⅲ Connected line Auto assembly flow (assembly line) W Void Continuous flow Sugar refinery To match appropriate industry in its mature phase with the appropriate process
Matching Process and Product Life Cycle I Low volume, low standardization, one of a kind II Multiple products, low volume III Few major products, higher volume IV High volume, high standardization, commodity products I Jumbled flow (job shop) Commercial printer Void II Disconnected line flow (batch) Heavy equipment III Connected line flow (assembly line) Auto assembly IV Continuous flow Void Sugar refinery Process life-cycle stage Process structure To match appropriate industry in its mature phase with the appropriate process
Capacity Growth Planning-a long-term strategy problem Cost to buy c1x 商 Cost to make =K+c2x K Break-even Number of units (x) quantity Fig.1-11 Break-Even Curves
Capacity Growth Planning -a long-term strategy problem Fig. 1-11 Break-Even Curves
Chapter 2 Forecasting Contents 1.Introduction 2.The Time Horizon in Forecasting 3.Classification of Forecasts 4.Evaluating Forecast 5.Notation Conventions 6.Methods for Forecasting Stationary Series 7.Trend-Based Methods 8.Methods for Seasonal Series
Chapter 2 Forecasting Contents 1. Introduction 2. The Time Horizon in Forecasting 3. Classification of Forecasts 4. Evaluating Forecast 5. Notation Conventions 6. Methods for Forecasting Stationary Series 7. Trend-Based Methods 8. Methods for Seasonal Series
2.1.Introduction What is forecasting? Forecasting is the process of predicting the future .What do you want to forecast? √Career Marriage √House price ·Why forecast? ·How forecast?
• What is forecasting? Forecasting is the process of predicting the future • What do you want to forecast? Career Marriage House price ······ • Why forecast? • How forecast? 2.1. Introduction