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Manage Productivity to Maximize Profit
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Attention New York Engineers:
This course cannot be taken to fulfill your
continuing education requirements in the state of New York since the course does
not fall under the category of "Areas of Practice" or "Law/Ethics".
For more information, check the
New
York State Board Requirements.
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Richard "Dick" Grimes, CPT
Overview
This course is for people
wanting to understand the design and management of efficient work processes in
any environment for any product. Public organizations will benefit as much as
private because work efficiency and productivity is essential to both. The
concepts presented here are universal whether processing legal documents or
building toasters on an assembly line.
Plenty of practice exercises
(with answers following) give students the opportunity to understand the
concepts of production planning, equilibrium, and efficiency and apply them in
their own work. Students will be able to measure existing production capacity
and forecast future demand while analyzing data to determine breakeven points
for equipment purchase or leasing and creating optimal staffing strategies with
full or part-time help.
Profitability only comes
when we make the most efficient and effective use of our existing resources and
available data.
The
student must take a multiple-choice quiz consisting of forty-five (45)
questions at the end of the course to obtain PDH credits.
Specific Knowledge or Skill Attained
Participants in this course will learn to:
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List the elements needed for effective goals
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Identify measurable work performance goals
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Analyze floor plans for optimal work flow
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Analyze work flows to determine their current efficiency
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Explain and apply the principles of ‘production equilibrium’
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Determine work process flow adequacy
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Revise workflows to improve efficiency
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Explain the concept of ‘cycle time’
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Create optimal production cycle timing
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Analyze work flows looking for improved efficiency and
productivity
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Analyze expected work flows to determine equipment and staffing
needs
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Learn to calculate the existing costs and production capacity
of an existing workforce
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Apply the skills learned to practice exercises within the
course
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Analyze historical data with a variety of statistical tools
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Forecast your ability to meet future business opportunities
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Analyze existing staffing and production needs to devise the
most economical mix of full and part-time employees
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Determine production equilibrium across work stations in a
production flow to maximize production while minimizing costs
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Determine how efficiently employees are working
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Discover if they are being “productive” or “busy”
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Predict future demand and capacity with more confidence using
historical data
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Conduct break-even analyses to select the best use of resources
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Use historical data effectively to support financial proposals
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Use weighted data effectively to forecast future trends
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Quickly prioritize a list of group options for decision making
Course
Click on the link below to review the course
prior to taking a quiz for credit.
Manage Productivity to Maximize Profit (1.6 MB)
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To obtain PDH credits for this course, you will need to take a quiz for
credit. Click on the link below.
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