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PRODUCTION PROCESS
OPERATION MANGMENT PLANNING
CONTROL PRODUCERS: PERT AND GANTT CHARTS
100
The creation of finished goods and services using the factors of production: land, labor, capital, entrepreneurship, and knowledge.
What is production?
100
The process of selecting geographic location for a company’s operation.
What is Facility location?
100
A method for analyzing the tasks involved in completing a given project, estimating the time needed to complete each task, and identifying the minimum time needed to complete the total project
What is The program evaluation and review technique (PERT)?
200
The term used to describe all the activities managers do to help their firms create goods.
What is Production management?
200
The physical arrangement of resources (including people) in the production process.
What is Facility layout?
200
In a PERT network, the sequence of tasks that takes the longest time to complete
What is Critical path?
300
A specialized are in management that converts or transforms resources (including human resources) into goods and services.
What is Operations management?
300
The function in a firm that searches for a high quality material resources finds the best suppliers, and negotiates the best price for goods and services
What is Purchasing?
300
Bar graph showing production managers what projects are being worked on and what stage they are in at any given time.
What is Gantt Chart?
400
That part of the production process that physically or chemically changes materials.
What is Process manufacturing?
400
A production process in which a minimum of inventory is kept on the premises and parts, supplies, and other needs are delivered just in time to go on the assembly line.
What is inventory control?