DECISIONS DECISIONS
THIS PRODUCTION PROCESS ENTAILS A NUMBER OF DISTINCT STAGES EVERY UNIT IN THE BUNDLE MUST GO THROUGH AN INDIVIDUAL PRODUCTION STAGE BEFORE THE BUNDLES MOVE ON TO THE NEXT STAGE
WHAT IS BATCH PRODUCTION
THIS PROCESS COMBINES THE LATEST TECHNOLOGY WITH MULTI SKILLED LABOUR TO MAKE A RANGE OF VARIED PRODUCTS
WHAT IS MASS CUSTOMISATION
THIS IS A FORM OF MARKET RESEARCH WHERE QUESTIONS ARE QUANTITATIVE AND QUALITATIVE
WHAT IS CONSUMER SURVEY
THIS IS A MATHEMATICAL APPROACH TO FORECASTING OBTAINED BY CALCULATING THE GRADIENT OF A LINE
WHAT IS LEAST SQUARE REGRESSSION
THIS MEANS OF PRODUCT IMPROVEMENT IS OF THE PHILOSOPHY THAT ALL WORKERS HAVE SOMETHING TO CONTRIBUTE TO IMPROVE BUSINESS OPERATION
WHAT IS KAIZEN
THE BENEFIT OF OF BUSINESSES IN THE SAME INDUSTRY LOCATING IN HE SAME REGION BENEFITS INCLUDE PROXIMITY TO POTENTIAL CUSTOMERS SUPPLIERS AND LABOUR
WHAT IS CLUSTERING
IN THIS APPROACH BUSINESSES FOCUS THEIR EFFORTS ON EFFICIENTLY PRODUCING HIGH-QUALITY GOODS THE RATIONALE IS THAT IF THE PRODUCT IS OF GOOD QUALITY CUSTOMERS ARE CERTAIN TO PURCHASE IT
WHAT IS PRODUCT ORIENTATION
THIS IS A FORECASTING TECHNIQUE THAT COLLECTS OPINIONS FROM EXPERTS WHO ARE ANONYMOUS TO EACH OTHER AND DO NOT MEET
WHAT IS DELPHI METHOD
THIS REFERS TO SHRINKING PRODUCTS THAT HAVE THE CAPACITY TO CONTAIN AN INCREASING NUMBER OF FEATURES
WHAT IS MINIATURISATION
THIS IS USING AN OUTSIDE FIRM TO CARRY OUT PART OF THE PRODUCTION PROCESS USUALLY DONE BY SPECIALIST AT CHEAPER COST
WHAT IS OUTSOURCING
INDIVIDUAL PRODUCTS MOVE FROM STAGE TO STAGE OF THE PRODUCTION PROCESS AS SOON AS THEY AE READY WITHOUT HAVING TO WAIT FOR OTHER PRODUCTS
WHAT IS FLOW PRODUCTION
THIS IS THE PROCESS OF EXAMINING WHETHER A PRODUCT CAN BE MADE MORE EFFICIENTLY WITHOUT REDUCING CONSUMER APPEAL AND SMADE AT A COST LEVEL THAT ALLOWS PROFITS TO BE MADE
WHAT IS VALUE ANALYSIS
THIS LAYOUT IS USED FOR PROJECTS IN WHICH THE PRODUCT IS TOO FRAGILE LARGE BULKY OF HEAVY TO MOVE POSITION
WHAT IS FIXED POSITION LAYOUT
THESE ARE PARTS OF A PRODUCT THAT CAN BE EASILY ADDED OR SUBTRACTED TO GIVE A NEW PRODUCT THAT CAN BE MARKETED TO CUSTOMERS
WHAT IS MODULARISATION
THIS PROCESS INVOLVES MANAGEMENT IDENTIFYING THE BEST FIRM IN THE INDUSTRY AND COMPARING PERFORMANCE STANDARDS WITH THEIR OWN BUSINESS
WHAT IS BENCHMARKING
THIS PRODUCTION PROCESS IS USED FOR SINGLE ONE-OFF UNIQUE PRODUCTS
WHAT IS JOB PRODUCTION
THIS IS IS CONCERNED WITH THE USE OF THE FACTORS OF PRODUCTION TO PROVIDE GOODS AND SERVICES THAT WILL SATISFY THE DEMAND IDENTIFIED BY THE MARKET RESEARCH DEPARTMENT IT IS ALSO KNOWN AS PRODUCTION MANAGEMENT
WHAT IS OPERATION MANAGEMENT
PRODUCT DESIGNERS MUST .................. THEIR WORK WITH OTHER DEPARTMENTS TO INCREASE THE CHANCE OF THE FINAL PRODUCT BEING LAUNCHED SUCCESSFULLY
WHAT IS INTEGRATE
THIS FORECASTING METHOD GOES BEYOND EXTRAPOLATION AND EXAMINES UNDERLYING FACTORS EXPECTED TO INFLUENCE SALES
WHAT IS MOVING AVERAGE METHOD
THIS ORIGINATED IN JAPAN WHERE VOLUNTARY GROUPS MEET REGULAR TO DISCUSS WORK RELATED PROBLEMS AND ISSUES
WHAT IS QUALITY CIRCLES
THIS APPROACH FOCUSES ON THE NEEDS AND WANTS OF THE CUSTOMER AND DEVOTES PRODUCTION AND MARKETING TO SATISFYING THEM
WHAT IS MARKET ORIENTATION
THIS APPROACH IS BASED ON MARKET RESEARCH BUT DOES NOT ATTEMPT TO SATISFY ALL CUSTOMERS HE IFRM CONSIDERS ITS OWN STRENGTHS IN TERMS OF PEOPLE ASSETS AND IMAGES
WHAT IS ASSET LED MARKETING
THIS FORECAST TECHNIQUE USES THE SPECIALIST WITHIN THE FIRM TO MAKE FORECAST ABOUT THE FUTURE
THIS LAYOUT GROUPS SIMILAR ACTIVITIES WITHOUT ONE DEPARTMENT ACCORDING TO THE FUCTION THAT THEY PERFORM
WHAT IS PROCESS LAYOUT
THIS PERTAINS TO THE SPEED COURTESY EFFECTIVENESS AND EASE OF REPAIR OF A PRODUCT
WHAT IS SERVICEABILITY