IE 1002 : Industrial Engineering 1002 Final Review
Document Summary
Application of computers towards organizing and efficient retrieval/ reporting of information. Creation, gathering, processing, storing, protecting, presenting, and dissemination of information using hardware, software, and telecommunication technology. Input data --> output information: information= facts, knowledge, significance, processed data, useful, data= numbers/statistics. Digital information technology: uses digital methods for the representation, processing, and communication of information. Consumers- people who benefit from information services. Producers- vendors or distributors of information services. Integrates all parts of business and optimizes them. Oversees materials, information, and finances from manufacturing to consumer. 3 flows- product, information, finances goal: minimize inventory. Just new methods, new areas of implementation, new types of organization. Administrative discipline of hiring and developing employees so that they become more valuable to the organization. Christine morris: an industry made up of companies that primarily earn revenue through providing intangible products and services, retail, transport, distribution, food services, mail, airlines, definition of service work: Intangibility: perishability, variability, simultaneous production and consumption.
