POBF 2.03 Guided Notes NAME

Students will be able to understand production and operations

PRODUCTION

  1. The forms of production:
  2. Extraction and is the most basic form of where products are obtained from or from using natural resources to . Examples include products such as fish, chicken, tomatoes and broccoli and products such as iron ore, bauxite, raw diamonds and oil
  3. Processing is and improving the form of product which increases its and . Examples include honey removed from the comb and packaged, fresh mangoes processed at a cannery, oil sent to refineries to be into gasoline, heating oil or motor oil
  4. is combining and processed goods into products which may be sold to other businesses or to consumers. Examples include craftsmen using tools and materials to cabinets in a kitchen; a computer chip; building high speed rail system, cosmetics, china, or shoes.
  5. The types of production:
  6. production is using processes to produce quantities of products. Employees use precise tasks, tools and equipment; the work may be and have reduced (boring), companies use and to perform many procedures. Examples include: Krispy Kreme doughnuts, Maybelline lipstick, Nike sneakers and automobiles.
  7. manufacturing is a process of a and product for a customer. Used when a customer has needs or the product has a use; designers, tool makers and assemblers work . Examples include ceramics, prosthetic limbs, signs, buildings, landscapes, bridges, dentures, vehicles
  8. Materials processing is changing to another form in order to be or used to make products. Examples include oil companies refining crude oil, mills process wheat into flour, film processors convert film into photographs.
  9. Production activities include: product , production and management.
  10. Product development is the process of or the form of product. Why do companies develop new products?
  11. Consumer
  12. Keep up with
  13. New
  14. Sales
  15. Life cycle of a product:
  16. Introduction
  17. Growth phase
  18. Phase
  19. Decline
  20. Product research’s goal is to develop products that will meet the of customers and current products offered by the company.
  21. Six steps of product design:
  22. Scientists develop
  23. Design engineers models or prototypes
  24. Models are and revised
  25. The model is chosen
  26. Materials are selected to make a product
  27. Financial experts determine of
  28. Applied research is marketing research that studies products to develop design or new product
  29. In research new to problems are discovered. There is no product in mind and the goal is to something new.
  30. Production planning activities include:
  31. Production - identifying the steps/, equipment and needed to manufacture products
  32. Production - setting up , tools and other equipment needed for production
  33. Personnel – determines number of and needed for completion of production, and additional staff.
  34. Continuous Improvement – ongoing effort to improve manufacturing to increase the of work.

Purpose is to reduce , and waste.

  1. Six steps of CPI:
  2. Involve
  3. Identify process
  4. Establish performance (benchmarks)
  5. measurement tools
  6. Monitor performance and to standard
  7. Look for ways to process quality

BUSINESS OPERATIONS

  1. Inventory - account of a company’s , supplies and product
  2. Inventory management:
  3. Maintains the of all resources needed
  4. Ensures that each production item is at time and place needed
  5. Keeps records of and of resources
  6. Keeps record of all merchandise
  7. Facilities management – managing and of a business to ensure that everything is used, and running properly
  8. – managing the , moving and of supplies, materials and finished products
  9. Scheduling is managing to be completed, the who will complete the work and the needed for completing the task
  10. Safety and is managing personnel to prevent and of employees and and protect and . Goal = minimizing and losses. Examples: fire drills, tornado drills, recognize safety records, signs encouraging workplace safety.
  11. Information management: coordinating information between , employees, , and managers; may be at multiple locations.
  12. To , , and securely all needed information
  13. To provide access to information required to work and make
  14. To prevent to by those to use it
  15. To use technology to improve and information
  1. Management tools include:
  2. Operational plan – identifies work will be done, will do it and resources will be needed
  3. Operating budget – detailed plan for a production unit, marketing department or other area of the business
  4. Schedules – matching with
  5. Procedures – list of to be followed for a particular work activity
  6. Standards – a against which a result is judged
  7. Technology tools – types of software
  8. Supply chain management software – allows cooperating companies to ordering, and shipping , tract products and exchange data
  9. Collaboration software – provides communications by voice, text, videos using computers around the world
  10. Computer security – provides and , usage data, privacy, protection for networks.
  11. Inventory – management of , purchases, payment; tracks production, usage and sales, prints .
  12. Project management – keeps track of project , tasks, to-do lists, assignments and project
  13. Budgeting – automates budget planning, budgets from one period to another, coordinates budgets among
  14. Document management – controls production, , management and of electronic documents
  15. Manufacturing automation – monitors and manufacturing machines, checks for and , reports on production levels