Which production system combines a number of raw materials or parts into a finished product?

6.A production system that combines a number of raw materials or parts into a finished product orchanges raw materials into completely different finished products is known as

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7.When a company combines calcium carbonate, simethicone, corn syrup, and other ingredients tomake Tums Plus, it is using which production system?

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8.A steel company whose blast furnaces never completely shut down except for malfunctions is anexample of a(n) ________ production system.

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9.If XYZ accountants do not standardize their service to customers because each customer hasdifferent needs. They are using an_______ production system.a.intermittentb.continuousc.customd.job-order

10.If the engineers at a care manufacturing plan use computers to build new car models in thevirtual world before they are ever built in automobile plants. These engineers are using________.

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11.The process that enables manufacturers to use computers to analyze the steps a machine musttake to produce a product or part is ________.

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AB
Operations Management All activities managers engage in to produce goods and services
Mass Production A manufacturing process that lowers the cost required to produce a large number of identical or similar products over a long period of time
Analytical Process A process sin operations management in which raw materials are broken into different component parts
Synthetic Process A process in operations management in which raw materials or components are combined to create a finished product
Utility The ability of a good or service to satisfy a human need
Form Utility Utility created by converting raw materials, people, finance, and information into finished product
Service Economy An economy in which more effort is devoted to the production of services that to the production of goods
Research and Development (R&D) A set of activities intended to identify new ideas that have the potential to result in new goods and services
Design Planning The development of a plan for converting a product idea into an actual product or service
Product Line A group of similar products that differ only in relatively minor characteristics
Product Design The process of creating a set of specifications from which a product can be produced
Capacity The amount of products or services that an organization can produce in a given time
Labor-Intensive Technology A process in which people must do most of the work
Capital-Intensive Technology A process in which machines and equipment do most of the work
Plant Layout The arrangement of machinery, equipment, and personnel within a product facility
Planning Horizon The period during which an operational plan will be in effect
Purchasing All the activities involved in obtaining required materials, supplies, components, and part from other firms
Inventory Control The process of managing inventories in such a way as to minimize inventory cost, including both holding cost and potential stock-out costs
Materials Requirements Planning (MRP) A computerized system that integrates production planning and inventory control
Just-In-Time Inventory System A system designed to ensure that materials or supplies arrive at a facility just when they are needed so that storage and holding costs are minimized
Scheduling The process of ensuring the materials and other resources are at the right place at the right time
Gantt Chart A graphic scheduling device that displays the tasks to be performed on the vertical axis and the time required for each task on the horizontal axis
PERT (Program Evaluation and Review Technique) A scheduling technique that identifies the major activities necessary to complete a project and sequences them based on the time required to perform each one
Critical Path The sequence of production activities that takes the longest time from start to finish
Malcolm Baldrige National Quality Award An award given by the President of the United States to organizations that apply and are judged to be outstanding in specific managerial tasks that lead to improved quality for both products and services
Quality Control The process of ensuring the goods and services are produced in accordance with design specifications
Statistical Process Control (SPC) A system that uses sampling to obtain data that are plotted on control charts and graphs to see if the production process is operating as it should and to pinpoint problem areas
Statistical Quality Control (SQC) A set of specific statistical techniques used to monitor all aspects of the production process to ensure that both work in progress and finished products meet the firm’s quality standards
Inspection The examination of the quality of work in process
Six Sigma A disciplined approach that relies on statistical data and improved methods to eliminate defects for a firm’s products and services
Quality Circle A team of employees who meet on company time to solve problems to product quality
International Organization for Standardization A nongovernmental organization in Geneva, Switzerland, with a membership of 156 countries that develops standards for products to facilitate trade across national borders
Productivity The average level of output per worker per hour
Automation The total or near-total use of machines to do work
Robotics The use of programmable machines to perform a variety of tasks by manipulating materials and tools
Computer-Aided Design (CAD) The use of computers to aid in the development of products
Computer-Aided Manufacturing (CAM) The use of computers to plan and control manufacturing processes
Computer-Integrated Manufacturing (CIM) A computer system that not only helps to design products but also controls the machinery needed to produce the finished product
Continuous Process A manufacturing process in which a firm produces the same product(s) over a long period of time
Flexible Manufacturing Systems (FMS) A single production system that combines robotics and computer integrated manufacturing
Intermittent Process A manufacturing process in which a firm’s manufacturing machines and equipment are changed to produce different products
Human Resources Management (HRM) All the activates involved in acquiring, maintaining, and developing an organization’s human resources
Human Resources Planning The development of strategies to meet a firm’s future human resources needs
Replacement Chart A list of key personnel and their possible replacements within a firm
Skills Inventory A computerized data bank containing information on the skills and experiences of all present employees
Cultural (workplace) Diversity Difference among people in a work force owing to race, ethnicity, and gender
Job Analysis A systematic procedure for studying jobs to determine their various elements and requirements
Job description A list of the elements that make up a particular job
Job Specification A list of the qualifications required to perform a particular job
Recruiting The process of attracting qualified job applicants
External Recruiting The attempt to attract job applicants from outside an organization
Internal Recruiting Considering present employees as applicants for available positions
Selection The process of gathering information about applicants for a position and then using that information to choose the most appropriate applicant
Orientation The process of acquainting new employees with an organization
Compensation The payment employees receive in return for their labor
Compensation System The policies and strategies that determine employee compensation
Wage Survey A collection of data on prevailing wage rates within an industry or a geographic area
Job Evaluation The process of determining the relative worth of the various jobs within a firm
Comparable Worth A concept that seeks equal compensation for jobs requiring about the same level of education, training, and skills
Hourly Wage A specific amount of money paid for each hour of work
Salary A specific amount of money paid for an employee’s work during a set calendar period, regardless of the actual number of hours worked
Commission A payment that is a percentage of sales revenue
Incentive payment A payment in addition to wages, salary, or commissions
Lump-Sum Salary Increase An entire pay raise taken in one lump sum
Profit Sharing The distribution of a percentage of a firm’s profit among its employees
Employee Benefit A reward in addition to regular compensation that is provided indirectly to employees
Flexible Benefit Plan Compensation plan whereby an employee receives a predetermined amount of benefit dollars to spend on a package of benefits he or she has selected to met individual needs
Employee Training The process of teaching operations and technical employees how to do their present jobs more effectively and efficiently
Management Development The process of preparing managers and other professionals to assume increased responsibility in both present and future positions
Performance Appraisal The evaluation of employees’ current and potential levels of performance to allow managers to make objective human resources decisions

Which production process reduces a raw material to its component parts in order to extract marketable products?

Dell's assembly line produces personal computers by assembling various components ordered by each customer. What is an analytic production system? It reduces a raw material to its component parts in order to extract one or more marketable products. Example of analytic production system.

Is the first step in production control and sets the workflow the production process will use?

Routing is the first step in production control. It sets out a work flow, the sequence of machines and operations through which a product or service progresses from start to finish. Routing depends on the type of goods being produced and the facility layout.

What five steps are involved in controlling the production process?

The production control process consists of five steps: planning, routing, scheduling, dispatching, and follow-up. Quality control is an important consideration throughout this process. Coordination of each of these phases should result in high production efficiency and low production costs.

Why is production such an important business activity?

Production is one of the most important processes within manufacturing, and is a core part of what it means to be a manufacturer. Without this activity, no finished goods would be created, and there would be nothing to sell to customers.