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BusAd101 ch.10
Ball State Business
Question | Answer |
---|---|
Production | use of resources, such as workers and machinery, to convert materials into finished goods and services. |
Production and Operations Management | oversee the production process by managing people and machinery in converting materials and resources into finished goods and services. |
Mass Production | a system for manufacturing products in large quantities through effective combinations of employees, with specialized skills, mechanization, and standardization. |
Assembly Line | moves the product along a conveyor belt past a number of workstations where workers perform specialized tasks such as welding, painting, installing individual parts, and tightening bolts. |
Flexible Production | usually more cost-effective for producing smaller runs. |
Customer-driven Production | system that evaluates customer demands in order to make the connection between products manufactured and products bought. |
Leadership in Energy and Environmental Design | LEED - voluntary certification program administered by the U.S. Green Building Council, aimed at promoting the most sustainable construction processes available. |
Computer-aided Design (CAD) | process that allows engineers to design components as well as entire products on computer screens faster and with fewer mistakes than they could achieve working with traditional drafting systems. |
Computer-aided Manufacturing (CAM) | computer tools to analyze CAD output and enable a manufacturer to analyze the steps that a machine must take to produce a needed product or part. |
Flexible Manufacturing System (FMS) | production facility that workers can quickly modify to manufacture different products. |
Computer-integrated Manufacturing (CIM) | production system in which computers help workers design products, control machines, handle materials, and control the production function in an integrated fashion. |
Environmental Impact Study | how a proposed plant would affect the quality of life in the surrounding area. |
Process Layout | groups machinery and equipment according to their functions. |
Product Layout | another name for assembly line, process moves along this line past workstations. |
Fixed-position Layout | product stays in one spot, and workers, materials, and equipment come to it. |
Customer-oriented layout | facility is arranged to enhance the interactions between customers and its services. |
Make, Buy, or Lease Decision | choosing whether to manufacture a product or component in house, purchase it from an outside supplier, or lease it. |
Inventory Control | function requiring production and operations managers to balance the need to keep stock on hand to meet demand against the costs of carrying inventory. |
Just-in-Time System | broad management philosophy that reaches beyond the narrow activity of inventory control to influence the entire system of production and operations management. |
Materials Requirement Planning (MRP) | computer-based production planning system that lets a firm ensure that it has all the parts and materials it needs to produce its output at the right time and place and in the right amounts. |
Production Control | creates a well-defined set of procedures for coordinating people, materials, and machinery to provide maximum production efficiency. |
Routing | determines the sequence of work throughout the facility and specifies who will perform each aspect of the work at what location. |
Scheduling | managers develop timetable that specify how long each operation in the production process takes and when workers should perform it. |
Gantt Chart | tracks projected and actual work progress over time. |
Program Evaluation and Review Technique (PERT) | chart that seeks to minimize delays by coordinating all aspects of the production process. |
Critical Path | sequence of operations that requires the longest time for completion. |
Dispatching | the phase of production control in which management instructs each department on what work to do and the time allowed for its completion. |
Follow-up | phase of production control in which managers and employees or team members spot problems in the production process and come up with solutions. |
Quality | good or service that is free of deficiencies. |
Benchmarking | process of determining how well other companies perform business functions or tasks. |
Quality Control | measuring output against established quality standards. |
International Organization for Standardization (ISO) | organization whose mission is to develop and promote international Standards for business, government and society to facilitate global trade and cooperation |