The flashcards below were created by user
Anonymous
on FreezingBlue Flashcards.
-
operations management
all activites managers engadge in to produce goods and services
-
mass production
a manufacturing process that lowers the cost required to produce a large number of identical or similar products over a long period of time
-
analytical process
a process in operations managementb in which raw materials are broken into different component parts
-
synthetic process
a process in operations managment in which raw materials or components are combined to create a finished product
-
Utility
the ability of a good or service to satisfy a human need
-
form utility
utility created by people converting raw materials, finances, and information into finished products
-
service economy
an economy in which more effort is devoted to the production of services than to the production of goods
-
research and development
a set of activites intended to identify new ideas that have the potenital to result in new goods and services
-
design planning
the development of a plan for cvonverting a product idea into an actual product or service
-
product line
a group of similar products that differ only in relative minor characteristics
-
product design
the process of creating a set of specifications from which a product can be produced
|
|