Question: 1 Normal 1 No Spac... Heading 1 UUDELLI TUDI AaBbCCD AaBbCcDd Heading 2 Title Subtitle Subtle Em.. Paragraph Styles . Describe Production Operations Management. What

1 Normal 1 No Spac... Heading 1 UUDELLI TUDI AaBbCCD AaBbCcDd Heading 2 Title Subtitle Subtle Em.. Paragraph Styles . Describe Production Operations Management. What does it accomplish? Who is involved? What are its objectives? What decisions have to be made when accomplishing those objectives? Explain "Factory Physics". What are the objectives of Factory Physics? Why do good managers need to understand Factory Physics? What steps are involved in Factory Physics Suppose you win the Army contract to make the next HUMVEE. The contract is for 50,000 HUMVEES, you have 250 working days in the year, and the factory runs a single 8-hour shift per day. What is the takt time (or cycle time) you need to meet the contract? (or in other words, how many minutes between each successive HUMVEE coming off the production line?) What is Work in Progress (WIP)? How does having WIP help a production line? What is the tradeoff you make by increasing WIP

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