ch 13 Flashcards
to increase comprehension of business vocabulary to increase student achievement and success
products obtained from nature
extraction
products grown in nature
cultivation
changing and improving product
processing
combines raw materials and processed goods into finished products
manufacturing
process that makes a large number of identical products using a continuous efficient procedure; repetitive production
mass production
building a specific and unique product to meet needs of one customer
custom manufacturing
changing form of raw materials to be consumed or used to make other products
materials processing
study existing products to develop design improvements or new product uses
applied research
research done with no specific product in mind; new solutions to problems
pure research
activities, equipment, resources needed to manufacture a product
production process
make sure manufacturing process are completed as effectively as possible
CPI; Continuous Process Improvement
best practices; standards among all competitors
benchmarks
managing the acquisition, movement and storage of supplies, materials and finished products
logistics
goods arrive when needed for production o ruse
just-in-time logistics
activities needed and how, who and what of work to be done
operational plan