BA 101 MIDTETRM TWO

CAD

Computer-aided design, a 3D modeling software.

MRP-Materials Requirement Planning

Computer-based operations management system that uses sales forecasts to make sure needed parts and materials are available at the right time and place

Flexible Manufacturing

Designing machines that do multiple tasks so they can produce a wide variety of products.

Operations Management Planning

Helps solve problems in service and manufacturing sectors.

Just-In-Time inventory control

JIT system keeps a minimum of inventory on the premises and deliver parts/ supplies and other needs just in time to go on the assembly line

Why would companies spend millions of dollars to move locations?

Labor costs, available resources, transportation, proximity to suppliers/ customers.

Benefits of Robotics

Makes mass customization efficient, can work 24 hours 7 days a week with precision.

Facility Layout- How are retail-oriented layouts different than service-oriented facilities.

Retail: Designed to help the customer find/buy things Service: The goal is to improve efficiency.

Mass Customization

Tailoring products to meet the needs of a large number of individual customers.

Robotics

Technology dealing with the design, construction, and operation of robots in automation.

Facility Location

The process of selecting a location for a companies operations.

Operations Manegement

is about creating a good experience for those who use that service.

Lean Manufacturing

is the production of goods using less of everything than in mass production. Less human effort, less manufacturing space, less investment in tools, less engineering time to develop a new product.

Operations Management must ensure products are______________and______________on_________,on___________ to_____________

products are manufactured and delivered on time, on budget to specifications

quality control

the strategy for minimizing errors by managing each stage of production

interfirm operations management

•Outsource engineering, design, and manufacturing to other companies. •Create new relationships with suppliers online. •Manufacturing companies are developing strategies to compete more effectively in the future.