Term
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Definition
| Bar Graph showing production managers what projects are being worked on and what stage they are in at any given time |
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Term
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Definition
| In a PERT network, the sequence of tests that takes the longest time to complete. |
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Term
| Program Evaluation and Review Technique(PERT) |
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Definition
| Analyzing the tasks involved in completeing projects time needed for each tests identifying minimum time for the entire project |
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Term
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Definition
| A collection of the best practices for managing an organization's impact on the environment |
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Term
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Definition
| The common name given to quality management and assurance standards. |
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Term
| Statistical Process Control(SPC) |
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Definition
| Process of testing statistical samples of product components at each stage of the production process and plotting those results on a graph. Any variances from quality standards are recognized and can be corrected if beyong the set standards. |
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Term
| Statistical Quality Control(SQC) |
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Definition
| The process some managers use to continually monitor all phases of the production process to assure that quality is being built into the product from the beginning. |
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Term
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Definition
| a quality measure that allows only 3.4 defects per million opportunities. |
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Term
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Definition
| consistently producing what the customer wants while reducing errors before and after delivering to the customer. |
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Term
| Just-in-time inventory control |
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Definition
| process tghat keeps minimum inventory on premises and parts, supplies, and other needs are delivered just in time to the assembly line. |
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Term
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Definition
| The function in a firm that searches for high quality material resources, finds the best suppliers and negotiates the best price for goods and services. |
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Term
| Enterprise Resource Planning(ERP) |
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Definition
| Newer version of MRP that combines computerized functions of all the divisions/subsidaries into a single integrated software program that uses a single database. |
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Term
| MAterials Requirement Planning(MRP) |
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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. |
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Term
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Definition
| the physical arrangement of resources including people in the production process |
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Term
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Definition
| working from home via computer and modem. |
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Term
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Definition
| selecting a geographic location for a company's operations. |
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Term
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Definition
| Tailoring products to meet needs of individual customers(DELL). |
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Term
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Definition
| The production of goods using less of everything compared to mass production |
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Term
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Definition
| designing machines to do multiple tasks so that they can produce a variety of products. |
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Term
| Computer-integrated manufacturing(CIM) |
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Definition
| the uniting of CAD with CAM |
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Term
| Computer-Aided Manufacturing |
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Definition
| the use of computers in the manufacturing of products |
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Term
| Computer-Aided Design(CAD) |
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Definition
| the use of computers in the design of products. |
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Term
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Definition
| production run is short and machines changed frequently to make different products. |
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Term
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Definition
| Production process in which long production runs turn out finished goods over time. |
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Term
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Definition
| That part of production that puts together components. |
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Term
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Definition
| that part of the production process that physically or chemically changes materials. |
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Term
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Definition
| the value producers add to materials in the creation of finished goods and services. |
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Term
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Definition
| a specialized area in management that converts or transforms resources (including human resources) into goods and services. |
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Term
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Definition
| the term used to describe all the activities managers do to help their firms create goods |
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Term
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Definition
| The creation of finished goods and services using the factors of production: land, labor, capital, entrepreneurship, and knowledge. |
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