production Flashcards
(39 cards)
- It is a process that involves
transforming raw materials available
into finished products
production
- It is a process of workers combining
material inputs and non-material
inputs to make things for
consumption or outputs
production
- It is the act of creating output
production
- It is something produced; the act or
process of producing
production
- It is the administration of an
organization, whether it be a
business, a non-profit organization,
or government body
management
- It includes the setting of strategies
and coordinating the efforts of
employees to accomplish objectives
management
Can be explained as an art or science of
getting things done by the people, by
planning, coordinating, organizing,
directing and controlling the activities to
meet specific goals,
management
e job of coordinating
and controlling the activities
required to make a product
production management
a collection of interrelated
activities involved in producing
goods and services.
production system
Successful manufactures agree that
to reach goals, organizations need a
single, integrated source of
information and capabilities. It
transforms a business’s location,
departments, and partners into a
whole.
demand information
data about consumer’s needs, wants, and interests/trends
demand info
- These are feedstocks or
unprocessed materials that are used
to produce goods
raw materials
This is a supply of money,
materials, staff, and other
assets that can be drawn by a
person or organizations in order
to function effectively such as
financial, material, and human
resources.
resources
Articles or substances that are
manufactured or refined for sale
* Things that are offered to a
market that might satisfy a want
or a need
products
Are goods or services that we
desire or wish
wants
goods or services that are necessary to live and basic human requirements
needs
tangible
needs
intangible
wants
The state of producing something. effectiveness of productive
effort especially in industry as
measured in terms of the rate of
output per unit of input
productivity
The state of producing something by using less input with more output
productivity
FOCUS- The total amount of goods or services produced.
MEASUREMENT- Expressed in absolute terms (e.g., number of units, tons,
liters)
production
FOCUS- The efficiency of the production process, or how well
MOVEMENT- Expressed as a ratio of output to input (e.g., units per laborhour, output per machine).
productivity
SCOPE- Concerned with the quantity of output.
production
SCOPE- Concerned with the relationship between output and the
resources used to generate that output.
productivity
