A product's
ability to satisfy a human want.
The
satisfaction created when a product is made available at the
time that consumers want it.
The
satisfaction created when a product is made available at a place
that consumers want it.
The
satisfaction treated by ownership of a product.
The
satisfaction created through the conversion raw materials into
finished goods.
The systematic
direction and control of the processes that transform resources
into finished goods.
The set of
methods and technology used in the production of a good.
A production
process in which resources are broken down into components.
A production
process in which raw materials are combined to create a finished
product.
A production
process in which the product moves through the plant in a fairly
smooth, straight, and continuous manner.
A production
process in which the product flows through the plant in a stop&-and&-go
fashion and through a seemingly scattered arrangement of
equipment and departments.
The unique set
of steps required to produce a product.
Estimates or
predictions about the future.
In legal
terms, the mental competence that is necessary for an individual
to enter into a binding contract [662] or the amount of a good
that a company can produce under normal working conditions.
A planned site
created by a city to attract new industry. These sites come with
the necessary disposal outlets already in place.
layout A way
of organizing production activities such that equipment and
people are grouped together according to their function.
A way of
organizing production activities such that the resources being
processed move through a fixed smooth sequence of steps to
become finished goods.
A type of
product layout in which a partially finished product moves
through a plant on conveyer belts or other equipment, often in a
straight line.
A type of
product layout in which machines and workers are placed in a
narrow U shape rather than in a straight line.
A type of
manufacturing system that allows businesses to respond rapidly
when demand changes or when new products must be introduced into
the marketplace quickly.
A technique
that identifies and eliminates the wasted operations in a
production process by examining each step of production in close
detail.
A way of
organizing production activities such that labor, materials, and
equipment are brought to the location where the work is done.
A way of
organizing production activities such that the interactions
between a firm's customers and its services are enhanced.
A schedule
showing which products will be produced, when production will
take place, and what resources will be used in the coming
months.
The managing
and monitoring of production performance.
In production
control, checking to ensure that &-production decisions are
being implemented.
The planning,
organizing, and controlling of the flow of materials from design
through distribution of finished goods.
The use of
standard and uniform components, where possible, in the
production process.
The costs of
keeping extra supplies or inventory on hand.
The time
between placing an order and receiving shipment of that order.
The receiving
storing, handling, and counting of all resources partly finished
goods, and finished goods; the part of warehouse operations that
keeps track of what is on hand and ensures that an adequate
supply of a product is in stock at all times.
The process of
finding suppliers and determining which ones to buy from.
A production
method that brings together all materials and parts needed at
each stage of production at the precise moment that they are
required.
A method of
production control in which a bill of materials is used to
ensure that the right amounts of materials are delivered to the
right place at the right time in the production process.
A
"recipe" for the production of a batch of a good that
specifies the necessary ingredients (raw materials and
components the order in which they should be combined and how
many of each ingredient are needed to make one batch of the
product.
An advanced
version of MRP that ties together all parts of an organization
into the company production activities.
A diagram
laying out the steps to be performed in the production process
and the time required to complete each step.
A method of
diagramming the steps in a large project along with the
projected time to complete each step, taking into account both
the sequence and the critical path of those steps.
The sequence
of steps whose timing is crucial to completing a project on
time. Any delay in any activity on the critical path will delay
the entire project.
The management
of the production process so as to manufacture goods or supply
services that meet specific quality standards.
The process of
using machines to do work previously done by people.
The process of
performing mechanical operations with either minimal or no human
involvement.
Automation
systems that use machines that are adaptable enough to perform
several functions.
A form of
automation in which each machine is dedicated to performing just
one specific function.
The issuing of
work orders for the production of a particular item.
The
construction, maintenance, and use of computer&-controlled
machines in manufacturing operations.
(CIM) computer
systems that drive robots and control the flow of materials and
supplies in production. CIM can also manage material
requirements planning and just&-in&-time production
systems.
Computer
analysis that allows users to create a design and simulate
conditions to test the performance of the design, all within the
computer. Also called compuler&-aided engineering (CAE).
Computer
systems used to design and control the equipment needed in the
manufacturing process.
computer
systems used to help managers consider alternatives when making
decisions on complicated problems.
