process choice

process choice
The selection of the type of process to be used to provide a product or service. Options range from a one-off project approach (e. g. custom-made furniture by a craftsperson), through batch production, to continuous processing that produces large volumes over long periods, e. g. a cement kiln. The process decision usually commits an organization to significant capital expenditure. Each option involves a different combination of workforce skills and job-design issues, planning and control problems, inventory, and scheduling criteria. The option chosen must therefore fit with the method used by the organization to win orders. For example, a decision to compete in a large-volume low-cost market suggests the need for a mass-production line-flow process.

Big dictionary of business and management. 2014.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • process layout — process oriented layout A factory, office, or other workplace layout in which work stations and transforming resources are grouped together. The resources to be transformed move from process to process and each product or service may follow a… …   Big dictionary of business and management

  • process — 1) A specific, structured, and managed set of work activities, with known inputs, designed to produce a specified output, e. g. product development, order management, and performance monitoring. 2) A particular configuration of the workplace,… …   Big dictionary of business and management

  • Choice modelling — attempts to model the decision process of an individual or segment in a particular context. Choice modelling may also be used to estimate non market environmental benefits and costs[1]. Well specified choice models are sometimes able to predict… …   Wikipedia

  • Choice Modelling — attempts to model the decision process of an individual or segment in a particular context. Choice modelling may also be used to estimate non market environmental benefits and costs [Jeff Bennet University of Queensland… …   Wikipedia

  • Process mining — techniques allow for the analysis of business processes based on event logs. They are often used when no formal description of the process can be obtained by other means, or when the quality of an existing documentation is questionable. For… …   Wikipedia

  • Choice (disambiguation) — Choice consists of the mental process of thinking involved with the process of judging the merits of multiple options and selecting one of them for action. Choice may also refer to: Contents 1 Mathematics 2 Media 3 Other 4 …   Wikipedia

  • Choice editing — refers to the active process of controlling or limiting the choices available to consumers so as to drive to an end goal. The term has gained currency in discussions about sustainability. Contents 1 Definition 2 History 3 Actors 4 …   Wikipedia

  • Choice architecture — describes the way in which decisions are influenced by how the choices are presented (in order to influence the outcome), and is a term used by Cass Sunstein and economist Richard Thaler in the 2008 book Nudge: Improving Decisions about Health,… …   Wikipedia

  • Process-Space Festival — Process – Space Festival of Contemporary Arts takes place annually in June at the town of Balchik on the north coast of the Black Sea, Bulgaria. The festival aims to stimulate the innovations and research in contemporary arts, to open the… …   Wikipedia

  • Choice-supportive bias — In cognitive science, choice supportive bias is the tendency to retroactively ascribe positive attributes to an option one has selected. It is a cognitive bias. What is remembered about a decision can be as important as the decision itself,… …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”