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Production System
Chapter 9
9 cards·by amick
System
an interconnected and coordinated set of elements and processes taht converts inputs to
desired outputs
Feedback
information from the output applied back into the input
Value-Chain
all the elements and the processes that add value as raw materials R transformed into the final
products made available to the end customer
Outsourcing
Contracting out certian business functions or operations to other companies
productivity
the efficency with which an organization can convert inputs to outputs
Lean system
system that maximizes productivity by reducing waste and delay
Just-in-Time(JIT)
inventory management in which goods and materials are delivered throughout the
productionprocess right before they are needed
scheduling
determining how long each operation takes and deciding which tasks are done in which order
critical path
in a PERT network diagram, the sequence of operations that requires the longest time to
complete