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a business process is a series of steps designed to produce a product or service. Most processes (...) are cross-functional, spanning the 'white space' between the boxes on the organization chart. Some processes result in a product or service that is received by an organization's external customer. We call these primary processes.
Iteration is the repetition of a process in order to generate a (possibly unbounded) sequence of outcomes. Each repetition of the process is a single iteration, and the outcome of each iteration is then the starting point of the next iteration.
A cross-functional flowchart allows the author to correctly locate the responsibility for performing an action or making a decision, and to show the responsibility of each organizational unit for different parts of a single process. Flowcharts represent certain aspects of processes and are usually complemented by other types of diagram.
Process management (project management), a systematic series of activities directed towards planning, monitoring the performance and causing an end result in engineering activities, business process, manufacturing processes or project management; Process-based management, is a management approach that views a business as a collection of processes
Several processes may be associated with the same program; for example, opening up several instances of the same program often results in more than one process being executed. Multitasking is a method to allow multiple processes to share processors (CPUs) and other system resources. Each CPU (core) executes a single process at a time.
A total of 45 machines were required to perform 22 processes on the blocks, which could be made into one of three possible sizes. [16] The machines were almost entirely made of metal thus improving their accuracy and durability. The machines would make markings and indentations on the blocks to ensure alignment throughout the process.
In the case of a single production process (described above) the output is defined as an economic value of products and services produced in the process. When we want to examine an entity of many production processes we have to sum up the value-added created in the single processes.
Rational decision making is a multi-step process for making choices between alternatives. The process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. Irrational decision is more counter to logic. The decisions are made in haste and outcomes are not considered. [57]