Modern Technology Warm-Up Pg. 73 What has been the impact of computers on your life?
Impact of Computers Reduction of privacy Quicker access to information Increase in efficiency Employees must sign internet-usage agreements Entertainment Shopping
Just-In Time Inventory Management Products arrive when they are needed Computers track inventory Reduces the need for a large inventory Speeds up production and decreases costs
Time-Study Analysis An observer records how much time is needed for a qualified worker to perform a task at a given rate Helps managers improve production methods and be more efficient Units of labor
Free Market and New Technology How do you think free enterprise influences technological innovations, such as, cell phones, personal computers, and GPS?