Business Management Production

Production

The process of getting a good or a service to the customer, involving a series of related activities with value added at each stage.

Global Production Landscape

The significance of the U.S. manufacturing industry, which, while outsourcing has increased, remains a leading industrial power and a top exporter of high-value products.

Importance of Production

Companies strive to make a profit by efficiently providing goods or services to customers.

Production Management

The planning, implementation, and control measures used in the process to convert resources into finished products.

Make or Buy Decision

A decision operation managers make regarding whether to assemble products using some or all outsourced parts.

Assembly Line

A continuous flow production method that produces discrete units of products in large numbers one by one continuously and rapidly.

Intermittent Process

Production that runs shorter periods, allowing machinery changes to accommodate different product needs.

Mass Production

Production method that utilizes machines and automated assembly lines for large volume output.

Mass Customization

Customized mass production that is adaptable for individual consumer needs using flexible manufacturing systems.

Lean Production

An approach aimed at increasing efficiency by eliminating waste along the production process.

Flexible Manufacturing System (FMS)

A system that enables manufacturers to produce large quantities of customized products.

Operations Management

The administration and planning of business operations to efficiently produce and distribute goods and services.

Capacity Planning

The process of determining how much of a product can be produced to meet consumer demand.

Facility Layout

The physical arrangement of resources and personnel in the production process, designed to facilitate efficient handling of materials.

Facility Location

Determining the best location for businesses based on factors such as proximity to the market, raw materials, and utilities.

Process Layout

A facility layout that groups workstations according to the activity performed, irrespective of the specific products handled.

Product Layout

A layout grouping workstations based on the products they work on, suitable for high volume, standardized production.

Cellular Layout

A facility layout that organizes small teams of workers to collectively manage all aspects of product assembly.

Fixed Position Layout

Used for large items, this layout organizes resources around the product being manufactured.

Operations Technology

Technologies like robots and CAD/CAM that improve production efficiency and quality by reducing time and costs.

Social Networking in Production

The impact of social media on connecting consumers with manufacturers, allowing for direct feedback and influence on product development.