What is product process matrix in operation management?
What is product process matrix in operation management?
The product-process matrix is a tool for analyzing the relationship between the product life cycle and the technological life cycle. The matrix itself consists of two dimensions, product structure/product life cycle and process structure/process life cycle.
What is production matrix?
The first one, called production matrix, is directly deduced from the succession rule, whereas the second one, the ECO matrix, is essentially the matrix describing the distribution of the labels within the generating tree of the rule.
What are the five process types in operations management?
The main manufacturing process types are project, jobbing, batch, line and continuous. Project processes produce products of high variety and low volume.
What is product process Mix explain?
PRODUCT- PROCESS MIX. Product-process mix helps us understand why and how manufacturing organizations change their production operations. With changes in products, market requirements and competition, the equipments, processes, procedures and human resources skills also will change.
What is product of matrix?
In mathematics, particularly in linear algebra, matrix multiplication is a binary operation that produces a matrix from two matrices. The resulting matrix, known as the matrix product, has the number of rows of the first and the number of columns of the second matrix. The product of matrices A and B is denoted as AB.
What is service process matrix?
The Service Process Matrix is a classification matrix of service industry firms based on the characteristics of the individual firm’s service processes. The Service Process Matrix can be useful when investigating the strategic changes in service operations.
What is the difference between product line and product mix?
A product line is one line of similar products that are sold within a company, whereas a product mix is the combined total of all the product lines sold in a company.
How do you find the product of a matrix?
The product of two matrices can be computed by multiplying elements of the first row of the first matrix with the first column of the second matrix then, add all the product of elements. Continue this process until each row of the first matrix is multiplied with each column of the second matrix.
