Slack volume variety visibility variation
This video looks at volume, variety, variation in demand, and visibility within the business studies hsc course. Consider the importance of ‘the four vs, volume, variety, variation in demand and visibility how do they affect the organization’s operations. Four characteristics of operations known as ‘4vs’ have been specified as volume, variety, variation, and visibility (slack et al, 2007) this framework can be applied in relation to tasty-beans business operations in the following manner:.
Low volume + high variety + high variation + high visibility = high costs activities of operations management the exact activities which operations managers undertake depends on the organisation. 9) operations typically differ in terms of volume of output, variety of output, variation in demand or the degree of 'visibility' (ie customer contact) that they give to customers of the production process. Slack volume variety visibility variation process types the position of a process on the volume - variety continuum shapes its overall design and the general approach to managing its activities these ‘general approaches ‘to designing and managing processes are called process types.
Volume: loads of it // variety: fairly flexible // variation: peak and trough times visibility: customer contact high volume low variety low variation low visibility = cheap. The four vs volume variety variation in demand and visibility in an organization visibility - how much of the operation's internal working are 'exposed' to its customers what is the . The four vs operational process marketing essay sequence of high volume- low variety – low variation in demand – low visibility, (or the reverse for low . 3vs (volume, variety and velocity) are three defining properties of big data volume refers to the sheer amount of data, variety refers to the number of types of data and velocity refers to the speed of processing.
Variation suggests deviation or change from something we recognise as the norm, and variety suggests a range of things within a particular group. To clarify matters, the three vs of volume, velocity and variety are commonly used to characterize different aspects of big data they're a helpful lens through which to view and understand the . 4) operations can be classified according to the degree of variation in demand and visibility of the operation as well as their volume and variety of production which of the following operations would be classified as high variation and high visibility. Operations typically differ in terms of volume of output, variety of output, variation in demand or the degree of ‘visibility’ (ie, customer contact) that they give to customers of the delivery process. Start studying operations management - slack et al, ch 1 - operations and processes (volume of its output, variety of different products and services .
Slack volume variety visibility variation
Multiple-choice questions: a operations can be classified according to their volume and variety of production as well as the degree of variation and visibility . 3 answers to four vs'volume,variety,variation,in demand and visibility consider the importance of ‘the four vs, volume, variety, variation in demand and visibility. Low variety, low customer visibility, low variation and high volume are usually associated with low cost apparently, not all businesses can operate within the best quadrangle but it is essential that cost optimization is strategically planned, developed, designed and controlled in operations.
- Choose from 500 different sets of operations process management slack flashcards on quizlet volume, variety, visibility, variation -low-volume, high-variety .
- According to slack et al (2006) the way in which processes are managed is influenced by four vs: the ‘volume’ of the products or service demand, the ‘variety’ of these products and .
Operational processes but they differ in some aspects in terms of volume, variety, variation of the output , but also in terms of customer’s v isibility of the product thus,. Operations can be classified according to their volume and variety of production as well as the degree of variation and visibility provide examples why a law firm would be classified as low volume, high variety operation. Consider the importance of ‘the four vs, volume, variety, variation in demand and visibility how do they affect the organization’s operations what advantages does the organization gain from them.