Week 5: Tech Change Flashcards
1
Q
Two types of space shrinking technologies
A
transportation and communication systems
2
Q
Transportation space shrinking tech
A
containerized shipping
commercial jet aircraft
3
Q
Communication space shrinking tech
A
buying stuff online
facetime
4
Q
Fordism
A
creating one product with not a lot of customization, repetitive low skill tasks, assembly line
5
Q
Flexible specilization
A
highly customized
one person making a product
low volume
6
Q
Just in case
A
having lots of inventory
large shipments
7
Q
Just in time
A
having just enough to make it to the next order
not a lot of extra parts lying around
