GMS 401 Study Guide - Midterm Guide: Quality Function Deployment, Computer-Aided Design, Crystal Computing

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Document Summary

Wcm world class manufacturing power comes from employee involvement. Jit- just in time manufactuinrg- produce components and products only as needed. Tqm- involves all personnel in quality assurance and statistical control. Tpm productie maintenance use of operator and maintenance technicians to reduce machine hrs. Tie industrial engineering reduce injury, increase productivity. Om management of activities and resources that create goods/provide services. Forecasting, capacity planning scheduling, managing inventories, assuring quality, location, motivation/training, buying materials. Efficiency (minimize cost and time) - effectiveness (achieving intended goals quality timeliness) 3 basic functions of org finance (funding needs) operations (products) marketing (demand) Operations add value in the transformation process, scm. Finance provision of funds, analysis of investment proposols, secure/allocate funds throughout org. Marketing assess custr wants/needs, communicate to operations, promote, need to know lead time. Others; accounting, mis, purchasing, hr, manufacturing engineering, maintenance, logistics. Management process by which objectives achieved through use of resources (conflicting iss, resrcs)