Chapter 9: Manufacturing and Services in Perspective

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This flashcard set covers key vocabulary and concepts from Chapter 9 about Manufacturing and Services in Perspective, providing definitions and insights into operations management.

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41 Terms

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Manufacturing

The process of creating finished goods and services using the factors of production.

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Service Sector

The part of the economy that provides services to consumers and businesses, accounting for over 70% of the U.S. GDP.

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Production Management

Activities managers do to help their firms create goods.

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Operations Management

A specialized area in management that converts resources into goods and services.

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Productivity Gains

Improvements in efficiency due to technology and automation that lower workforce needs.

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Continuous Process

A production process with long runs that produce finished goods over time.

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Intermittent Process

A production process with short runs that change frequently to produce different products.

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Lean Manufacturing

A production approach that aims to use fewer resources than traditional mass production.

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Flexible Manufacturing

Manufacturing systems designed to easily adapt to produce a variety of products.

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Mass Customization

The process of tailoring products to meet the needs of many individual customers.

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Just-in-Time (JIT) Inventory Control

Inventory management strategy that minimizes inventory to reduce costs and increase efficiency.

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Quality Control

The process of ensuring that products meet consistent quality standards.

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Six Sigma

A quality management method aiming for no more than 3.4 defects per million opportunities.

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ISO 9001

Quality management and assurance standards recognized globally.

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Enterprise Resource Planning (ERP)

A system that integrates all divisions and functions of a company into a single database.

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Materials Requirement Planning (MRP)

A computer-based system that ensures parts and materials are available on time.

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Facility Location

The process of choosing a geographic site for a company’s operations.

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Facility Layout

The physical arrangement of resources in the production process.

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Production Processes

Various methods used to produce goods, including process and assembly.

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Assembly Process

The method of putting together components to create a final product.

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CAD (Computer-Aided Design)

The use of computers in designing products.

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CAM (Computer-Aided Manufacturing)

The use of computers in the manufacturing process.

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CIM (Computer-Integrated Manufacturing)

The integration of CAD and CAM to streamline production.

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Statistical Process Control (SPC)

Monitoring and controlling production through statistical methods.

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Baldrige Awards

National awards for quality excellence in management practices.

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Deming Cycle

A quality improvement cycle: Plan, Do, Check, Act.

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Critical Path

The longest sequence of tasks in a project that determines its duration.

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Gantt Chart

A bar graph that illustrates a project schedule.

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Telecommuting

Working from home via computer.

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Facilities Management

Coordinating all aspects of a facility for efficient operations.

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Automation

Use of technology to perform tasks without human intervention.

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Robotics

Technology used to design and operate automated machinery.

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Sensors

Devices that detect changes and alert systems or personnel.

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Nanomanufacturing

Manipulation of materials on a molecular scale.

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Traditional Manufacturing

Large scale production of limited varieties of goods.

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Product Value

The utility that products provide to consumers, defined by quality and features.

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Production Scheduling

Planning production activities to optimize efficiency and meet customer demand.

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Supplier Relationship Management

Managing interactions with suppliers to enhance supply chain efficiency.

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Cost Reduction

Strategies implemented to decrease production and operational costs.

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Workforce Training

Development programs designed to enhance employee skills and productivity.

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Consumer Orientation

Strategies that prioritize meeting customer needs in products and services.