Intro to Business

The production process should be a sequence of steps starting with inputs, followed by production control, and ending with:

- finished products- outputs

The acronym for using computers to design products is referred to as________

CAD

Using machines designed to do multiple tasks in order to produce a variety of products is called

Flexible Manufacturing

_________ manufacturing refers to the production of goods using less of everything.

Lean

_______ _______ planning helps to solve issues related to facility layout, facility location, and inventory control.

Operations Management

True or False: Computers are used to design products when CAD is employed.

True

mass production focuses on producing

a limited variety of products

The main idea behind mass production is to produce a large number of a limited variety of products at a very low ___.

cost

Industrial robots have completely changed manufacturing because they

improve productivity reduce costs can work 24/7 with great precision

Using less human effort, less manufacturing space, less investment in tools, and less engineering time is the basic premise of _______ _______

lean manufacturing

The ___________ , sector has lost more jobs due to technological changes than the ______ sector.

manufacturing & service

The creation of finished goods and services using the factors land, labor, capital, entrepreneurship, and knowledge is:

production

Using factors like land, labor, and capital to create goods and services is referred to as

production

List the steps in the production process with the first step at the top.

1. Inputs 2. Production Control 3. Outputs

An additive manufacturing process that creates a product one layer at a time using a nozzle similar to those in inkjet printers is:

3D printing

True or false: Designing machines to do multiple tasks so they can produce a variety of products is called computer-aided design.

False

Which sector has lost more jobs due to technological changes?

Manufacturing

3D printing is a production process also known as additive manufacturing.

additive

The goal of operations management in service industries is --- satisfaction.

customer

Jordan added racing stripes and high quality speakers to his new car to _________ it.

customize

To _____ is to make a unique product or service for a specific individual.

customize

Industrial robots can work 24 hours a day, seven days a week with great

precision

When a computerized data control ______detects a problem, it notifies someone to make needed changes.

sensor