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BENEFITS OF DOCUMENT

  1. Provide of Framework Process Planning Strategy
  2. Provide of Framework Break Even Analysis
  3. Provide of Framework Generating Innovation Idea

DOCUMENT DESCRIPTION

Break Even Analysis & Innovation Technology
1. Process Planning
2. Process Analysis
3. Process Innovation
4. Technology Decisions

Process Planning
a. Process
a group of related tasks with specific inputs and outputs
b. Process design
what tasks need to be done and how they are coordinated among functions, people, and organizations
c. Process strategy
an organization's overall approach for physically producing goods and services
d. Process planning
converts designs into workable instructions for manufacture or delivery

Process Strategy
a. Vertical integration
extent to which firm will produce inputs and control outputs of each stage of production process
b. Capital intensity
mix of capital (i.e., equipment, automation) and labor resources used in production process
c. Process flexibility
ease with which resources can be adjusted in response to changes in demand, technology, products or services, and resource availability
d. Customer involvement
role of customer in production process

Break Even Analysis
examines cost trade-offs associated with demand volume
a. Cost
Fixed costs
constant regardless of the number of units produced
Variable costs
vary with the volume of units produced
b. Revenue
price at which an item is sold
c. Total revenue
is price times volume sold
d. Profit
difference between total revenue and total cost

Techniques for Generating Innovative Ideas
a. Vary the entry point to a problem
in trying to untangle fishing lines, it's best to start from the fish, not the poles
a. Draw analogies
a previous solution to an old problem might work
c. Change your perspective
think like a customer
bring in persons who have no knowledge of process

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Break Even Analysis & Innovation Technology

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File Type: PowerPoint (ppt)

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Number of Slides: 45 (includes cover, transition slides)

Related Topic(s): Manufacturing

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Initial upload date (first version): Dec 10, 2021
Most recent version published: Jan 10, 2022

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