Topic 1 and 2-Manufacturing Business

Question 1

What needs to be managed?

Answer 1

Resources

Question 2

What can be classed as resources?

Answer 2

People(staff), Materials and Plant(work station)

Question 3

What are the transforming reasources?

Answer 3

• Plant(work station)
• Staff

Question 4

What are the transformed resources?

Answer 4

• Raw materials
• Components

Question 5

What are the input resources of the transformation process?

Answer 5

Transformed and Transforming resources

Question 6

What are the output products of the transforming process?

Answer 6

Customers

Question 7

What are the waste factors of the transforming process?

Answer 7

• Disposal
• Reprocessing

Question 8

How should resources be managed?

Answer 8

• Time
• Quality
• Cost
  Customers want all three simultaneously

Question 9

Capital vs return on investment

Answer 9

Description:
Assessment of length of time an investment takes to pay back
Trade-off:
Cost vs time add quality

Question 10

Utilisation of plant

Answer 10

Description:
Measurement of proportion of available plant time that is spent generating value - linked to capacity
Trade-off:
Time vs cost and quality

Question 11

Capacity vs responsiveness to demand

Answer 11

Description:
Capacity is the theoretical
maximum volume of production - spare capacity allows faster response to orders
Trade-off:
Time vs cost

Question 12

Inventory vs responsiveness to demand

Answer 12

Description:
Inventory is the amount of manufacturing material kept on site - more inventory allows faster response to orders
Trade-off:
Time vs cost

Question 13

Efficient use of resources allows…..?

Answer 13

Simultaneous improvement of cost, time and quality

Question 14

Effective use of resources allows…..?

Answer 14

Survival and growth of the business

Question 15

What is Management of people?/ Management Definition

Answer 15

The accomplishment of goals through others

Question 16

Manufacturing Definition

Answer 16

The making of a product from raw materials or components, especially as a large scale operation using machinery

Question 17

Manufacturing Management Definition

Answer 17

The application of Management Principles in Manufacturing Engineering

Question 18

What are operations?

Answer 18

Provision of services and/ or products
e.g. hotels, hospitals and factories

Question 19

What is Manufacturing?

Answer 19

Provision of products
e.g factories

Question 20

What is Manufacturing management a subset of?

Answer 20

Operations management

Question 21

Model of a manufacturing Business

Answer 21

Supplier - Transforming process - Customer

Question 22

What is production planning?

Answer 22

• Plan all production to meet customers’ delivery requirements or maintain required stock level.
• Generate work schedule by identifying production batch sizes, sequencing operations, allocating resources, and generating a transportation schedule.

Question 23

What is production Control?

Answer 23

• Create work-to-list in line with production plans which includes documentation covering machines, tools, manning, etc
• Monitor the progress, take corrective actions in case of production disturbance in the form of reschedulling, recording, rerouting

Question 24

What is Production/ Assembly?

Answer 24

• Carry out a range of production and assembly processes based on production plans and work-to-lists.
• Manage the flow of tools, fixtures, transporters, operators and etc. throughout the production system.
• Monitor and track the work-in-progress inventory.

Question 25

What is Research an Development?

Answer 25

• Create new prototypes or modify existing products based on market research and customer needs/feedbacks.
• Obtain and maintain information related to relevant techniques, material, and processes

Question 26

What is Marketing?

Answer 26

• Market research on customer requirements, competitive products, changes in trends, regulations/legislation
• Produce attractive and accurate sales literature, working closely and producing reports to support senior management strategic decisions making process