3D - Technological Strategies Flashcards
(5 cards)
Automated production lines
Involve machinery and equipment that are arranged in a sequence, and the product is developed as it proceeds through each step
Add:
- Can increase the speed in which products are produced, helping meet customer needs
- The machinery can often be more accurate than humans, which can improve the consistency of each product
- The machinery may be able to work longer hours without breaks. Can help increase production and improve efficiency
Diss:
- High initial cost of implementing an automated production line
- Ongoing maintenance costs can be high
- Machines may break down which can halt production
Computer-aided manufacturing techniques
Involve the use of software that controls and directs production processes by coordinating machinery and equipment through a computer
Add:
- The machines are consistent, improving the quality of the end product
- Improved efficiency by producing products quicker
- Designs can be altered without the need to manually reprogram machines, improving flexibility
Diss:
- Computer errors can occur, slowing down production
- Training employees is expensive
- Initial set up can be expensive
Artificial Intelligence
Involves using computerised systems to simulate human intelligence and mimic human behaviour
Add:
- Ability to speed up processes with operations as data can be analysed and tasks performed quicker than humans
- Can perform repetitive jobs, allowing employees to take on more complex tasks
- Improved data security as AI is able to detect potential security attempts as well as provide additional security precautions
Diss:
- Inital cost of implementing AI can be very high
- The program can make errors as it relies on the human data that is being implemented
- Possibility of job losses
Online services
Are services that are provided via the internet
Add:
- Increased speed of the service being delivered
- Ability to meet increased customer demand as the online service often allows more customers access to the products without significantly increasing the cost
- Often reduced costs due to reduction in the need for labour or a reduced need for facilities
Diss:
- Increased need for investment in cybersecurity as having the service online opens the potential to be hacked
- The ongoing maintenance costs can be expensive
- If selling tangible goods online, other infrastructure must be established to ensure that the products can be delivered to the customer
Robotics
Are programmable machines that are capable of performing specified tasks
Add:
- Improved safety as the robots can perform dangerous tasks rather than the employees performing these tasks
- Greater accuracy and consistency, improving the quality
- Robots can perform longer hours without as many breaks as humans, improving the amount of work being prepared
Diss:
- Initial cost can be high for some robots
- Impacts production while the robots are being introduced into the business and programmed to perform tasks
- Increased costs as training may need to occur to train employer on working with robots