Untitled Quiz

A continuous process of planning, monitoring, analyzing, and assessing organizational aspects to achieve objectives.

Gathering, summarizing, and reporting financial and non-financial information for internal managerial decisions.

Operating core, strategic apex, middle line, technostructure, and support staff—these different parts work together for the organization.

The central part of an organization, where the main product or service is produced.

The leaders who create and implement the organization's strategy.

The managers who bridge the gap between top management and the operating core.

The department that standardizes processes (like accounting, HR).

Provides assistance outside of the production process, like legal, catering, etc.

Production of non-standardized products based on customer orders.

Repetitive production of goods in batches.

Continuous and large-scale production of standardized items.

Computerized system for planning raw materials, work-in-progress, and finished goods.

Extends MRP by integrating financial planning, equipment use, and labor scheduling.

Integrates data from all business functions, like operations, sales, and HR.

Focuses on removing bottlenecks in the production process.

Scheduled maintenance to avoid breakdowns.

Maintenance performed after equipment failure.

Keeping factory equipment in good working order, with safety and environment considerations.

Predicting equipment issues before failure with instruments and senses.

Operational aspects aligned with the overall corporate strategy, meeting customer requirements.

A continuous process that includes planning, monitoring, analyzing, and assessing various aspects of an organization to achieve its goals.

The data used for internal decision making, including financial and non-financial information.

To help managers make better decisions by providing them with relevant and timely information.

The unique elements that define a customer's needs and how a company can compete by meeting those needs.

A production method used for unique or non-standardized products, made specifically to customer orders.

A production method where similar products are produced in batches or groups.

Continuous and large-scale production of standardized products, often used for high-demand items.

Optimized Production Technology: a method that focuses on identifying and eliminating bottlenecks in the production process.

The process of transforming inputs such as materials, labor, and capital into finished goods or services.

Production Planning involves decisions about how to produce, where to produce, and how to layout facilities.

Producing goods only after customer orders are received, often for unique or customized products.

Producing large quantities of standardized products in anticipation of demand.

Combining the features of customized products with high-volume, efficient production methods.

Choosing the right location for a production facility, considering factors like access to suppliers, customers, skilled labor, and resource costs.

Determining the production capacity of a facility to meet forecasted demand efficiently.

Maintaining equipment in optimal working order, minimizing breakdowns, and ensuring safety and environmental compliance.

Repairing equipment after it fails, often a reactive approach.

Regular maintenance performed based on a schedule, aimed at maximizing efficiency and preventing breakdowns.

Using data and technology to anticipate equipment problems before they occur, based on monitoring.

It's crucial for maximizing production efficiency, minimizing downtime, ensuring product quality, and protecting workers and the environment.

A clear, precise, and flexible schedule that accounts for the time needed for each task, available resources, and potential emergencies.