BUS 200 Study Guide - Final Guide: Master Production Schedule, Flexible Manufacturing System, Quality Management

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 200
• Professor: Sam Thiara

Document Summary

Service operations: production activities that yield tangible and intangible service products, eg entertainment, transportation, education, and food preparation. Goods production: production activities that yield tangible products, eg radios, newspapers, buses, textbooks. The fluctuating canadian dollar has created uncertainty. Other countries have been very aggressive in attracting manufacturing plants to their jurisdictions. Based on new technologies, software, robots, and miniaturization (eg mobile phones, computers) Allow machines to run more cleanly, quickly, and safely, and to operate on a global scale (cid:858)s(cid:373)a(cid:396)t(cid:859) e(cid:395)uip(cid:373)e(cid:374)t (cid:894)(cid:373)a(cid:272)hi(cid:374)es (cid:272)a(cid:374) log o(cid:374) to the i(cid:374)te(cid:396)(cid:374)et(cid:895) Utility: the power of a product to satisfy a human want; something of value, eg time utility, place utility, ownership utility, form utility (ornament maker combines glass, plastic, and other materials to create tree decorations) Operations/production management: a set of methods and technologies used in the production of a good or a service. A set of methods and technologies used in the production of a good or a service.