Chapter 9
Grantt Chart
Graphic scheduling tool that displays what projects are in process and their stage in completion
Process Manufacturing
Manufacturing method in which value is added through physical or chemical transformation of the product
Continuous Process
Manufacturing method to procedure or process materials without interruption for long periods of time
Lean Manufacturing
Manufacturing methodology based on maximizing value and minimizing waste in the manufacturing process
Flexible Manufacturing
Manufacturing system that uses computer controlled technology to produce different goods in varying volumes
Purchasing
Obtaining required goods and services at the optimum cost and from reliable suppliers
Inseparability
Production and consumption occur at the same time
Mass Customization
Production of personalized or custom-tailored goods or services to meet customer's individual needs
Intermittent Process
Production process where production is short and machines are changed frequently to make different products
Perishable
Unused capacity cannot be inventoried
Computer-Aided Manufacturing (CAM)
Use of computers in manufacturing of products
Form Utility
Value added by converting raw materials, labor, information into finished products
Operations Management
Design, execution and control of operations that convert resources into desired goods and services
Critical Path
In PERT chart, the sequence of activities that takes the longest time from start to finish
Just-In-Time Inventory Control (JIT)
Inventory system in which materials and supplies are delivered when required and neither sooner nor later
Production Management
Process of coordinating and controlling activities required to create goods
Assembly Process
Put together components to make a product
Production
The creation of finished goods and services using the FOP
Computer-Aided Design (CAD)
The use of computers to assist in design and development of products
Six Sigma Quality
Benchmark of 3.4 defects per million opportunities, detects potential problems to prevent their occurrence
Computer-Integrated Manufacturing (CIM)
Combining applications such as CAD, CAM and other computer systems to streamline the manufacturing process
Materials Requirement Planning (MRP)
Computer-based operations management system that uses sales forecasts to make sure needed parts and materials are available at the right time and place
PERT (Program Evaluation and Review Technique)
Scheduling technique that identifies and sequences major activities needed to complete a project
