New & Emerging Technologies Flashcards

1
Q

What is enterprise?

A

The ability to utilise and identify business opportunities.

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2
Q

What is crowdfunding?

A

The practice of funding a project or venture by raising money from a large number of people

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3
Q

What are cooperative bussiness?

A

It is a business that is owned or un by its workers or members - an example is Nationwide Building Society

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4
Q

Fair trade

A

This ensures that farmers in low-income countries get a fair price for their produce. Along with improve conditions

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5
Q

Advantages of automation and robotics:

A
  • Increased efficiency and productivity
  • fewer errors and greater accuracy
  • limited human input, reducing labour costs
  • the ability to perform dangerous jobs
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6
Q

Disadvantages of automation and robotics

A
  • expensive to set up and maintain
  • replaces human jobs
  • no human judgment
  • requires high - skilled workers
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7
Q

Examples of CAD

A

Computer aided design:
- 2D design
- OnShape
- AutoCAD

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8
Q

Examples of CAM

A

Computer aided manufacturing:
- Laser cutters
- 3D printers

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9
Q

Advantages of CAD

A
  • More accurate than hand drawings
  • offers view of 3D models from all angles
  • Allows several designers to work on it at once
  • Allows designs to be tested before production
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10
Q

Disadvantages of CAD

A
  • Can requite large amounts of memory
  • Difficult to learn
  • Expensive software
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11
Q

Advantages of CAM

A
  • High level of accuracy
  • Increases speed of production
  • Products can be manufactured directly from CAD
  • Can operate 24 hours a day
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12
Q

Disadvantages of CAM

A
  • Replaces human work force
  • Expensive equipment
  • Requires maintenance
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13
Q

What is flexible manufacturing

A

(FMS) is a production method that is designed to easily adapt to changes in the type and quantity of the product being manufactured. A CNC (computer numerical control) is used to keep the product accurate.

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14
Q

What is JIT?

A

Just in time manufacturing is an example of lean manufacturing. It is where stock arrives just as the old stock runs out.

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15
Q

What is lean manufacturing?

A

Lean manufacturing aims to fave money and resources, reduce waste and improve efficiency.

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16
Q

Advantages of JIT?

A
  • By minimising stock levels, JIT reduces costs and limits need for warehouse space.
  • Reduces the risk of losing money through stolen or damaged stock
  • Stock is less likely to go out of date
  • Decreases the time between ordering stock and selling the finished product - helping cash flow.
17
Q

Disadvantages of JIT?

A
  • Lost economies of scale due to ordering in small amounts
  • Lack if stock if the supplier is late or if mistakes occur
  • Increased transport costs
  • Little room for production mistakes
18
Q

What are the stages of the life cycle assessment?

A

1) Extracting, producing and processing raw materials
2) Manufacturing
3) Distribution and packaging
4) Use
5) Disposal

19
Q

What is continuous improvement?

A

Companies making small improvements to their products or production to make them mote efficient or productive.

20
Q

Give 3 examples of Honda’s Green Path

A
  • Building two onsite wind turbines in Ohio. Which power 1,000 homes a year
  • Helping to design the Auto-Max rail car to allow more vehicles to be transported at once
  • Implementing the Honda Environmental Leadership Program to help dealers reduce CO² emissions to 0

These have helped Honda reduce its energy per auto by 14% over 10 years.

21
Q

What is efficient working?

A

This involves making the best use of available resources to save energy and money and to minimise damage to environment. This could be by using new technology or employing a specialist consultant.

22
Q

What does sustainability involve?

A

Meeting the needs of the presents without comprising the ability of future generations to meet their own needs

23
Q

What are finite resources?

A

These are non-renewable resources. They can not be replenished as fast as they are consumed.
Examples are: fossil fuels

24
Q

What are non-finite resources?

A

They are renewable. They can be replenished as fast as they are consumed.
Examples: wind, timber

25
Q

What are the six R’s

A

-Reduce
-Reuse
-Recycle
-Refuse
-Rethink
-Repair

26
Q

What is market pull?

A

When new product development is driven by changing consumer demands and requirements.
Example: reusable coffee cups