Types of Production
Manufacturing Processes
Production Activities
Inventory Management
Continuous Process Improvement
100


What is the process of obtaining raw materials directly from nature?


Extraction

100


The large-scale production of standardized products.



What is mass production?


100


What is the process of determining which products will be created based on market needs?



Product selection or market analysis.


100



A list of goods and materials held in stock.




What is inventory?


100


What does continuous process improvement (CPI) focus on?



Ongoing efforts to improve products, services, or processes.


200


What term describes the transformation of raw materials into more useful forms?


Processing

200


How does custom manufacturing differ from mass production?



Custom manufacturing produces unique items tailored to specific customer requirements.


200


What is the purpose of product research?



To understand customer needs and market trends.


200


Name one type of inventory.


  • Raw Materials

  • Work-in-Progress (WIP): 

  • Finished Goods:

  • MRO (Maintenance, Repair, and Operating Supplies)

200


Name one benefit of implementing CPI.


  • Cost Reduction: 

  • Increased Productivity:

  • Higher Product Quality

  • Customer Satisfaction:

300


Which type of production combines raw materials and processed goods into finished products?



Manufacturing


300


What are the key characteristics of materials processing? 3



Transformation, efficiency, and quality control.


300


What does production planning involve?



Scheduling, resource allocation, and workflow management.


300


What is the purpose of inventory management?



To maintain optimal stock levels and minimize costs.


300


What is root cause analysis?



A method used to identify the underlying reasons for a problem.


400


Name one example of extraction and cultivation.



Farming or Fishing

Timber (wood from trees), agricultural crops (e.g., cotton, wheat), minerals, fossil fuels.

400


Give an example of a product created through custom manufacturing.



Custom furniture or tailored clothing.

  • NFL stadium construction, custom-made furniture, bespoke clothing, or custom machinery.

400


Name one key aspect of the production process.



Quality control or efficiency.

  • Process Flow

  • Manufacturing Methods

  • Quality Control

400


What does the Just-in-Time (JIT) inventory system aim to achieve?



To reduce inventory holding costs by receiving goods only as needed.


400


How does employee involvement contribute to CPI?



Employees provide insights and suggestions for improvements.


500


What is the economic importance of processing in production?



It adds value to raw materials.


500


What are some challenges associated with mass production?



Overproduction, quality control issues, and inflexibility.


500


What is the significance of personnel in production activities?



They ensure operations run smoothly and efficiently.


500


What is the Economic Order Quantity (EOQ)?



A formula used to determine the optimal order quantity that minimizes total inventory costs.


500


Why is benchmarking important in manufacturing?



It allows companies to compare their performance against industry standards.


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