Production and Operations Managment (Production Process (Form utility (is…
Production and Operations Managment
From production to operation managment
is the creation of finished goods and services using the factors of production: land, labor, capital, entrepreneurship, and knowledge
production managment has described the management activities that helped firms create goods.
is a specialized area in management that converts or transforms resources, including human resources like technical skills and innovation, into goods and services.
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
is the value producers add to materials in the creation of
finished goods and services,
physically or chemically changes materials.
Put together the components
is one in which long production runs turn out finished goods over
A production process in which the production run is short and the machines are changed frequently to make different products.
The production of goods using less of everything compared to mass production.
Designing machines to do multiple tasks so that they can produce a variety of products.
Is the process of selecting a geographic location for a company’s operations.
is the physical arrangement of resources, including people, to most efficiently produce goods and provide services for customers.
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.
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.