Intro to Business Chapter 9
production
The creation of goods and services using all of the available factors of production (i.e., land, labor, capital, entrepreneurship and knowledge) is called
Gantt
A bar graph used to illustrate what projects are being worked on and how much work has been completed is called a(n) ______ chart
materials requirement planning (MRP)
A technique that helps managers ensure that the right parts and materials are available at the right time in the right place is called
Gantt chart
As the engineering manager at Chilcote Products, Assad keeps track of product development projects by using a chart that shows how much work has been completed on each of the projects that are currently underway. Assad uses a
flexible
At NikeID, you can design your own athletic shoes by selecting the material, choosing the color and even adding other personal touches. This method of using machines to do multiple tasks to produce a variety of products is known as _______ manufacturing.
facility location
Choosing a geographic location for a company's operations is called
Malcolm Baldrige
Firms that achieve an outstanding level of overall quality based on performance in key areas such as strategic planning and customer focus may be awarded the ______ National Quality Award.
critical
In a PERT chart, the project activity path that takes the longest to complete is called the _______ path.
computer-integrated manufacturing
In an effort to increase efficiency by cutting costs, Geoffrey decided to look for a way to link the company's CAD and CAM systems, allowing them to work together. Geoffrey wants to implement
must continuously strive to improve quality
In order to maintain a competitive edge, American manufacturing firms
process manufacturing
Materials are physically or chemically changed to produce a product through
both goods and services
Operations management controls the production of
assembly
Ricci works for a lighting company where he fits components together to produce desk lamps. The process that Ricci uses is called a(n) _______ process
goods; services
Rue de Vin owns many acres of vineyards and a large winery. Marta's Vineyard is a small consulting firm that helps restaurateurs and caterers pair wines with their menus. Rue de Vin produces _______; Marta's Vineyard produces _______
Consumer-use products
Since the 1990s, the U.S. has seen an increase in manufacturing output in which of the following categories?
cellular
Some newer production facilities are designed to have a flexible layout that can be easily modified as needed. These facilities use a number of modules that can be assembled in different ways to produce different layouts. Such designs are called _______ layouts.
program evaluation and review technique
The acronym PERT stands for
continuous
The most cost-effective way to produce gasoline is to never interrupt the process because the constant, uninterrupted production of gasoline leads to the greatest efficiency. This type of production is known as a(n) ______ production process.
adopt new, innovative production techniques
To strengthen its manufacturing base in the future, U.S. producers must
enterprise resource planning (ERP)
Production manager, Marvin McNealy wants to link all the divisions and subsidiaries of his firm's computerized functions into a single, integrated software program that uses a single database. In order to achieve this goal, Marvin can use
ensure that projects are completed on time
Project managers greatly benefit from both PERT and Gantt charts because they help them to
operations
The _______ manager at the Montague Convention and Event Center oversees the detailed work of a variety of functions at the facility, such as catering services, the audio-visual department, janitorial services, marketing and accounting.
operations
The specialized area in management that converts or transforms resources—including human resources—into finished goods or services is _______ management.