Chapter 11
- If Sales is the backbone, Production is the heart of business.
- Production is the manufacturing of finished goods and services with the use of people and/or machinery.
- Production & Operations Mgt.- managing/ overseeing production.
- Mass Production- manufacturing of products in large quantities which makes use of specialized skills, mechanization & standardization.
- Production processes consist of an 'analytical production system', 'synthetic production system' and continuous production system'. Limitations of Production- machinery output, time (downtime:irreplaceable time lost, biggest enemy of production), lack of production (eg. the writers and stagehands strike-big setback).
- FYI: 3 major components of business- production, inventory, sales.
- Pallatizing.
- A Production Manager must be able to have a concept of time (be able to produce the maximum number of goods in allotted time.
- Planning the production process (for starting up the business)- most production plants are 1 or 2 levels. Most efficient type of space, determine whether it is light or heavy manufacturing. Robots have replaced humans in production.
- Computer-aided design (CAD), Computer-aided manufacturing (CAM) & Computer-integrated systems (CIS).
- Factors in deciding location- transportation (proximity to markets, raw materials & transport alternatives. Human factors ( labor supply, local regulations, community living conditions. Physical factors (water, energy, hazardous waste).
- Production Pull & Production Push.
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