Term
|
Definition
the creation of finished good s and services using the factors of production: land, labor, capital, entrepreneurship, and knowledge |
|
|
Term
Production has historically meant _______ |
|
Definition
|
|
Term
define: production management |
|
Definition
all the management activities that helped firms create goods. |
|
|
Term
Define: Operations management |
|
Definition
a specialized area in management that converts or transforms resources, including human resources like technical skills and innovation, into goods and services. |
|
|
Term
American manufacturers have begun to emphasize: |
|
Definition
a. Focusing on customers.
b. Maintaining close relationships with suppliers.
c. Practicing continuous improvement.
d. Focusing on quality.
e. Saving on costs through site selection.
f. Relying on the Internet to unite companies.
g. Adopting new manufacturing techniques. |
|
|
Term
The U.S. Economy is now a _____ |
|
Definition
|
|
Term
|
Definition
the value producers add to materials in the creation of finished goods and services, such as by transforming silicon into computer chips |
|
|
Term
Andrew Grove's three basic requirements of production |
|
Definition
(1) to build and deliver products in response to the demands of the customer at a scheduled delivery time
(2) to provide an acceptable quality level
(3) to provide everything at the lowest possible cost.
|
|
|
Term
Define: Process manufacturing |
|
Definition
That part of the production process that physically or chemically changes materials. |
|
|
Term
|
Definition
That part of the producti on process that puts together components. |
|
|
Term
Define: continuous process |
|
Definition
A production process in which long production runs turn out finished goods over time |
|
|
Term
Define: intermittent process |
|
Definition
A production process in which the production run is short and the machines are changed frequently to make different products |
|
|
Term
|
Definition
computer-aided design
computer-aided manufacturing
computer-integrated manufacturing |
|
|
Term
Define: Flexible Manufacturing |
|
Definition
designing machines to do multiple tasks so they can produce a variety of products |
|
|
Term
Lean Manufacturing and its 5 characteristics |
|
Definition
the production of goods using less of everything than in mass production
• They take half the human effort.
• They have half the defects in the finished product or service.
• They require one-third the engineering effort.
• They use half the floor space for the same output.
• They carry 90 percent less inventory.
|
|
|
Term
Define: Mass Customization |
|
Definition
Tailoring products to meet the needs of individual customers. |
|
|
Term
Define: Facility Location |
|
Definition
The process of selective a location for a company's operations |
|
|
Term
|
Definition
Time it takes to move a completed product from factory/warehouse to customer |
|
|
Term
The key reason manufacturers move their plants |
|
Definition
|
|
Term
Define: Interfirm Process |
|
Definition
process in which companies work closely together to design, produce, and ship products to customers. |
|
|
Term
|
Definition
the physical arrangement of resources, including people, to most efficiently produce goods and provide services for customers |
|
|
Term
Assembly line vs modular layouts |
|
Definition
assembly-line layout - workers do only a few tasks at a time
modular layout - teams of workers combine to produce more complex units of the final product. |
|
|
Term
Fixed position vs process layouts |
|
Definition
fixed-position layout - allows workers to congregate around the product to be completed.
process layout - similar equipment and functions are grouped together . |
|
|
Term
Define: Materials requirement planning (MRP) |
|
Definition
a computer-based operations management system that uses sales forecasts to make sure needed parts and materials are available at the right time and place |
|
|
Term
Define: Enterprise resource planning (ERP) |
|
Definition
a newer version of MRP, combines the computerized functions of all the divisions and subsidiaries of the firm into a single integrated software program that uses a single database |
|
|
Term
|
Definition
the function that searches for high-quality material resources, finds the best suppliers, and negotiates the best price for quality goods and services. |
|
|
Term
just-in-time (JIT) inventory control |
|
Definition
JIT systems keep a minimum of inventory on the premises-and deliver parts, supplies, and other needs just in time to go on the assembly line. |
|
|
Term
Define: Six Sigma quality |
|
Definition
a benchmark of just 3.4 defects per million |
|
|
Term
Problems with Quality Testing a completed product |
|
Definition
1. The need to inspect work required extra people and resources .
2. If an error was found, someone had to correct the mistake or scrap the product - costly.
3. If the customer found the mistake, the can be dissatisfied and not buy again
|
|
|
Term
Define: Statistical quality control (SQC) |
|
Definition
to continually monitor all phases of the production process and assure quality is being built into the product from the beginning |
|
|
Term
Define: Statistical process control (SPC) |
|
Definition
the process of testing statistical samples of product components at each stage of production and plotting the test results on a graph. |
|
|
Term
|
Definition
Plan, Do, Check, Act (PDCA).
to find potential errors before they happen. |
|
|
Term
|
Definition
the common name given to quality management and assurance standards
Must meet to operate in EU |
|
|
Term
|
Definition
a collection of the best practices for managing an organization's impact on the environment. |
|
|
Term
International Organization for Standardization |
|
Definition
worldwide federation of national standards bodies from more than 140 countries that set global measures for the quality of individual products. |
|
|
Term
program evaluation and review technique (PERT) |
|
Definition
A method for analyzing the tasks involved in completing a given project, estimating the time needed to complete each task, and identifying the minimum time needed to complete the total project |
|
|
Term
|
Definition
1) analyzing and sequencing tasks that need to be done
(2) estimating the time needed to complete each task
(3) drawing a PERT network illustrating the information from steps 1 and 2
( 4) identifying the critical path. |
|
|
Term
|
Definition
In a PERT network, the sequence of tasks that takes the longest time to complete and which a delay anywhere along this path will cause the project or production run to be late |
|
|
Term
The Malcolm Baldrige National Quality Award |
|
Definition
•To qualify, a company has to show overall quality in seven key areas
•company leadership
•strategic planning
•customer and market focus
•information and analysis
•human resources (employee) focus
•process management
•business results
|
|
|
Term
Quality function deployment (QFD) |
|
Definition
a process of linking the needs of end users (customers) to design, development, engineering, manufacturing, and service functions. |
|
|
Term
|
Definition
a bar graph showing production managers what projects are being worked on and what stage they are in at any given time. |
|
|