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Production and Operations Managment (Production Process (Form utility (is…
Production and Operations Managment
From production to operation managment
Production
is the creation of finished goods and services using the factors of production: land, labor, capital, entrepreneurship, and knowledge
Production managment
production managment has described the management activities that helped firms create goods.
Operation Managment
is a specialized area in management that converts or transforms resources, including human resources like technical skills and innovation, into goods and services.
Computer Aid
the use of computers in the design of products- CAD
The use of computers in the manufacturing of products- CAM
The uniting of computer-aided design with computer-aided manufacturing- CID
Production Process
Form utility
is the value producers add to materials in the creation of
finished goods and services,
Process manufacturing
physically or chemically changes materials.
Assembly Process
Put together the components
Continuous process
is one in which long production runs turn out finished goods over
time.
Intermitten process
A production process in which the production run is short and the machines are changed frequently to make different products.
Manufacturing
Lean
The production of goods using less of everything compared to mass production.
Flexible
Designing machines to do multiple tasks so that they can produce a variety of products.
Facility location
Is the process of selecting a geographic location for a company’s operations.
Facility layout
is the physical arrangement of resources, including people, to most efficiently produce goods and provide services for customers.
MRP
A computer-based operations management system that uses sales forecasts to make sure that needed parts and materials are available at the right time and place.
ERP
A newer version of materials requirement planning (MRP) that combines the computerized functions of all the divisions and subsidiaries of the firm into a single integrated software program that uses a single database.