DANCEST 805 Lecture Notes - Lecture 29: The Sequence, Yield Management, Operating Expense

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19 Sep 2020
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Within an organization, scheduling is establishing the timing of the use of equipment, facilities, and human activities in an organization. Scheduling occurs in every organization, regardless of the nature of its activities. Effective scheduling can yield: cost savings, other benefits. In the decision-making hierarchy, scheduling decisions are the final step in the transformation process before actual output occurs. Consequently, scheduling decisions must be made within the constraints established by many other decisions, making them fairly narrow in scope and latitude. Generally, the objectives of scheduling are to achieve trade-offs among conflicting goals, which include efficient utilizaation of staff, equipment, and facilities, and minimization of customer waiting time inventories, and process times. Scheduling tasks are largely a function of the volumte of system output. High-put volume systems require approachs substantially different from those required by shop jobs. Scheduling encompasses allocating owkrloas to specific work ceneters and determining the sequence in which operations are to be performed.

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