New And Emerging Technologies Flashcards
What is enterprise!?
The ability to identify business opportunities and take advantage of them
What is a successful business?
They are in innovative and can adapt quickly to change
What can help businesses generate new ideas?
Being able to identify new and emerging technologies
Historically what was needed to find a new product or a new business venture?
A back loan investor was needed
What does crowdfunding offer?
It enables individuals or businesses to promote an idea on the platform.
Give an example of crowdfunding
A website/to a large audience
Advantages of using the crowdfunding solution?
People can then choose to invest money in the products that they like
How are backers, usually rewarded when using crowdfunding?
They are rewarded for that investment, usually in the form of a gift discount or share in the business
What has the increased use of the Internet lead to?
Arise a virtual marketing to reach a wider market
Give example a virtual marketing
Online advertising
Give some examples of online advertising and what dies this involve?
Social media adverts
And paper click advertising.
These involve businesses paying to appear prominently in search engine results.
What does virtual retailing allow for?
It allows shoppers to buy products online. Most businesses now have online stores and websites where customers can shop.
What is a cooperative
A business that is owned and run by its workers or members. The workers or members make the business decisions and share in the profits made.
What are cooperatives usually based around?
Are usually based around local communities, but they can also be large businesses
Give an example of a large business cooperative
Nationwide building society
What does fair trade ensure?
Farmers in lower income countries get a fair price for their products so they can provide for their families
What does fair trade also aim to improve?
Trade terms and conditions for workers
Why are fair trade items labelled?
To help customers make ethical buying choices
What does automation involve?
The use of automatic equipment in manufacturing
Why was automation first developed?
It was developed to be used on a large scale and to help meet increased demand for goods
When was automation developed?
Industrial revolution
Is automated equipment, cheap or expensive
It is expensive, but it can significantly improve productivity, enabling manufacturers to create a high-quality product quickly and cheaply
List five examples of tasks that industrial robots can be programmed to carry out
Welding
Assembling parts
Painting
Labelling
Packaging
What’s the four advantages of automation and robotics?
1.increased efficiency and productivity
2.fewer errors and greater accuracy.
3.Ltd, human input reducing labour costs
4.they can perform work that is otherwise dangerous for humans
What’s the four advantages of automation and robotics?
1.increased efficiency and productivity
2.fewer errors and greater accuracy.
3.Ltd, human input reducing labour costs
4.they can perform work that is otherwise dangerous for humans
What are the four disadvantages of automation and robotics?
1.expensive to set up and maintain
To.replaces human labour leading to job loss.
3.no human judgement.
4.requires high skilled workers to operate the equipment
How have technology such as Wi-Fi and 4G is significantly improved, workplace efficiency?
By neighbouring faster communication and data transfer, and greater workforce mobility
What has new technologies also lead to?
Greater energy, efficiency and buildings and equipment
What are CAD and CAM used for?
To design and manufacture products And they have greatly affected workplace efficiency
What does CAD allow?
It allows users to draw design and model products sets of specialist software.
Designers can create with 2-D and 3-D models and manipulate their designs to test different ideas before manufacture
What does CAD allow?
It allows users to draw design and model products sets of specialist software.
Designers can create with 2-D and 3-D models and manipulate their designs to test different ideas before manufacture
Give 4 CAD examples
AutoCAD
Solidworks
Autodesk inventor
2D design
What does CAM use?
But uses CNC to create CAD designs.
What is the CAM process?
The CAD software creates the 3-D coordinates for every point of the design.
the C a.m. machine, then interprets the coordinates to manufacture the design.
List for examples of CAM equipment
Laser cutters, 3-D printers, CNC routers and CNC lathes
What does CNC stand for?
Computer numerical control
What does CNC stand for?
Computer numerical control
What are the four advantages of CAD?
1.more accurate than hand drawings.
To.enables designs to be extensively amended and tested before production.
3.allow several designers to work on the same project simultaneously.
4.offers views of 3-D models from all angles
What are the three disadvantages of CAD?
- can be difficult to learn
2.can require large amounts of memory
3.expensive software
What are the three disadvantages of CAD?
- can be difficult to learn
2.can require large amounts of memory
3.expensive software
What are the four advantages of CAM
1.high level of accuracy
2.increases the speed and efficiency of the production process.
3.products, coming manufacturer directly from CAD files
4. can operate 24 hours a day.
List the three disadvantages of C a.m.
1.expensive equipment
2.requires maintenance
3.replaces human workforce
List the three disadvantages of C a.m.
1.expensive equipment
2.requires maintenance
3.replaces human workforce
What does FMS stand for?
Flexible manufacturing systems
What does FMS stand for?
Flexible manufacturing systems
What do FMS consist of?
CNC machines that work alongside a production line
What do FMS consist of?
CNC machines that work alongside a production line
Describe the machines that are used FMS
The machines are easily adaptable and can be programmed to perform different tasks, depending on the product being made
Describe the machines that are used FMS
The machines are easily adaptable and can be programmed to perform different tasks, depending on the product being made
What is FMS ideal for
Batch production
What is FMS ideal for
Batch production
What is FMS useful for?
it allows manufacturers to adapt quickly to consumers changing needs, but altering product designs
What is FMS useful for?
it allows manufacturers to adapt quickly to consumers changing needs, but altering product designs
What can be adjusted in FMS
The layout, individual tasks and number of machines can be adjusted according to the type of product being made
What does lean manufacturing aim to do?
Minimise Waste in manufacturing process, saving money and resources and improving efficiency
Give an example of lean manufacturing
JIT
What does JIT stand for?
Just in time
What happens in JIT manufacturing?
stock is closely monitored and only ordered when it is needed the new stock then arrives”just in time” before existing stock runs out