Intro to Business Chapter 10 part 2

continuous improvement

total quality management focus on

Quality Control (QC)

The process of creating quality standards and measuring finished good and services against standards is called

just-in-time

Crown Holdings Inc. manufactures a high-resolution, full color digital Inkjet printed cans that allows smaller beverage producers to label the cans as they are needed to be filled rather than keeping a stock of preprinted cans. This is an example of how a beverage company could use:

track inventories

In a retail store, a point-of-sale (POS) terminal would be used to;

assign three times estimates for each activity

PERT charts differ from critical path method (CPM) in one important way. PERT charts _____, and the CPM does not.

Critical Path Method (CPM)

The ___ is an important scheduling tool for larger projects. It breaks the projects into a sequence of events and smaller tasks

They are both common scheduling tools for complex situations

What does GNATT charts and PERT charts have in common?

a quality control process

What is Six Sigma?

robotics

____ is the technology involved in designing, constructing, and operating computer-controlled machines that can perform tasks independently

material requirement planning

____ uses a master computerized system to ensure that materials labor, and equipment are available for production

computer-integrated manufacturing

_____ combine computerized manufacturing process with other computerized systems used before and after manufacturing.

Enterprise resource planning (ERP)

_____ is a computerized resource planning system that included information about the firms suppliers and customers as well as data generated internally

Supply Chain Management (SCM)

______ focuses on smoothing transitions along the supply chain so that the firm can satisfy its customers with quality products and services while focusing on forging fighter bonds with its supplies

Total Quality

______management emphasizes the use of quality principles in all aspects of a company's operations

develop and control production processes

computer-aided manufacturing(CAM) uses computers to:

lean manufacturing

A few years ago, when coca-cola introduced Fruitopia beverage, its spend $30M and set what it thought was achievable sales goals. Since its introduction, Fruitopia has not been able to achieve its sales goals and has lost money for Coke. According to the concept of ____ Coke should delete the product

computer-aided design (CAD)

the letters CAD stand for

Enterprise Resource Planning (ERP)

one of the keys to successful production planning is resource management ___ is a system that would note how a possible strike in an Evanston, Indiana, plant will threaten supplies of a needed component part as well as how customer growing preference for time-saving devices such as the company markets and use this information in production planning

routing and scheduling

the two key aspects of production control are: