© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 13 SLIDE 1 13-1 13-1Types of Production 13-2 13-2Production Planning.

Slides:



Advertisements
Similar presentations
Adaptive Processes Introduction to Software Engineering Adaptive Processes.
Advertisements

13 Production and Business Operations 13-1 Types of Production
WAREHOUSING MANAGEMENT
7 Management and Leadership 7-1 Management Functions and Styles
INDUSTRIAL & SYSTEMS ENGINEERING
Chapter 11: Operations Management in Manufacturing and Service Industries Facility Layouts Managing the Production Process in a Manufacturing Company Graphical.
Professor Michael J. Losacco CIS 1150 – Introduction to Computer Information Systems Systems Analysis and Design Chapter 12.
Chapter 13 Review.
Production Systems Chapter 9.
MONITOR CATERING REVENUE AND COSTS
PRODUCTION AS AN ECONOMIC ACTIVITY
© 2013 South-Western, a part of Cengage Learning. All rights reserved. Chapter 6 | Slide 1 Chapter 6: Understanding the Management Process.
Year 12 Business Studies Operations REVIEW.
Implementing and Controlling
© 2014 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license.
© 2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Intro to Business, 7e © 2009 South-Western, Cengage Learning SLIDE1 CHAPTER Satisfying Needs and Wants Economic Choices Economic.
1 Economic Decisions and Systems 1-1 Satisfying Needs and Wants
Essential Standard 2.00 Understand nature of business. 1.
Production and Business Operations
Chapter 11 Production and Operations Management Learning Goals
Principles of Business, Marketing, and Finance Production, Distribution, and Other Business Operations Copyright © Texas Education Agency, All rights.
© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 12 SLIDE Financial Planning Financial Records.
Planning and Organizing
© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 1 SLIDE Satisfying Needs and Wants Economic Choices.
Chapter 2: Enterprise Systems Accounting Information Systems, 9e Gelinas ►Dull ► Wheeler © 2011 Cengage Learning. All Rights Reserved. May not be copied,
Intro to Business, 7e © 2009 South-Western, Cengage Learning SLIDE CHAPTER Types of Production Production Planning Planning.
Principles of Business, Marketing, and Finance Lesson Eight Production, Distribution, and Other Business Operations UNT in partnership with TEA, Copyright.
Lecture 31 Introduction to System Development Life Cycle - Part 2.
PRODUCTION AS AN ECONOMIC ACTIVITY
Introduction to Business © Thomson South-Western ChapterChapter Production and Business Operations Types of Production Production Planning.
Essential Standard 2.00 Understand the nature of business. 1.
Introduction to Business © Thomson South-Western ChapterChapter Production and Business Operations Types of Production Production Planning.
1-1 System Development Process System development process – a set of activities, methods, best practices, deliverables, and automated tools that stakeholders.
Introduction to Operations Management McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
Intro to Business, 7e © 2009 South-Western, Cengage Learning SLIDE1 CHAPTER Satisfying Needs and Wants Economic Choices Economic.
Service Level Agreements Service Level Statements NO YES The process of negotiating and defining the levels of user service (service levels) required.
Understand production and operations.
Understand nature of business. 1. Understand production and operations. 2.
Essential Standard 2.00 Understand nature of business. 1.
Principles of Business, Marketing, and Finance Lesson Nine Producers in a Private Enterprise System UNT in partnership with TEA, Copyright ©. All rights.
Essential Standard 2.00 Understand nature of business. 1.
ESSENTIAL STANDARD 2.00 UNDERSTAND NATURE OF BUSINESS. 1.
Essential Standard 2.00 Understand nature of business. 1.
Production Operations Management (POM) Notes. Production as an Economic Activity  The economy BEGINS with production.  4 Types of Production Businesses:
© 2012 Cengage Learning. All Rights Reserved Production Planning Goal 1Identify the activities involved in production planning. Goal 2Describe how.
Essential Standard 2.00 Understand the nature of business. 1.
Intro to Business, 7e © 2009 South-Western, Cengage Learning SLIDE CHAPTER Types of Production Production Planning Planning.
Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Chapter 25 Managerial Accounting Concepts and Principles.
© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 1 SLIDE Satisfying Needs and Wants Economic Choices.
Essential Standard 2.00 Understand the nature of business. 1.
Essential Standard 2.00 Understand the nature of business. 1.
Essential Standard 2.00 Understand the nature of business. 1.
Importance of Production The economy begins with production. Consumers need Products/Services to satisfy their needs and wants. Businesses also need Products/Services.
© 2012 Cengage Learning. All Rights Reserved. Objective 2.03 Understand production and operations Objective 2.00 Understand the nature of business.
ESSENTIAL STANDARD 2.00 Understand the nature of business. 1.
Government Engineering college Gandhinagar. Subject: Engineering economics & Management Topic: cost Prepared By Name: Enrollment No.: Nikhil Chaudhari.
Understand Production and Operations
7.00 Understand marketing and business management.
13 Production and Business Operations 13-1 Types of Production
CHAPTER Types of Production 6/19/2018
Understand nature of business.
7.00 Understand marketing and business management.
Principles of Business, Marketing, and Finance
7.00 Understand marketing and business management
Understand nature of business.
13 Production and Business Operations 13-1 Types of Production
7.00 Understand marketing and business management.
Types of Production Chapter 13 Section 1.
Understand the nature of business.
Presentation transcript:

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 13 SLIDE Types of Production Production Planning Planning and Managing Business Operations 13 C H A P T E R Production and Business Operations

© 2012 Cengage Learning. All Rights Reserved Types of Production Goal 1Describe the role of producers in the economy and the forms of production. Goal 2Differentiate among the various types of manufacturing.

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 13 SLIDE 3 KEY TERMS ●extraction and cultivation ●processing ●manufacturing ●mass production ●custom manufacturing ●materials processing

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 13 SLIDE 4 PRODUCTION AS AN ECONOMIC ACTIVITY ●Role of producers ●Forms of production ●Extraction and cultivation ●Processing ●Manufacturing

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 13 SLIDE 5 Checkpoint ●What are the three forms of production? ●Extraction and cultivation ●Processing ●Manufacturing

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 13 SLIDE 6 MANUFACTURING ●A manufacturing process ●Types of manufacturing procedures ●Mass production ●Custom manufacturing ●Materials processing

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 13 SLIDE 7 Checkpoint ●What is the difference between custom manufacturing and materials processing? ●Custom manufacturing is building a unique product to meet the needs of one customer. ●Materials processing is changing the form of raw materials so they can be used to make other products. ●Custom manufacturing involves a smaller amount of materials; materials processing involves larger quantities.

© 2012 Cengage Learning. All Rights Reserved Production Planning Goal 1Identify the activities involved in production planning. Goal 2Describe how manufacturing is organized.

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 13 SLIDE 9 KEY TERMS ●applied research ●pure research ●production process ●continuous process improvement ●benchmarks

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 13 SLIDE 10 PRODUCTION ACTIVITIES ●Product development ●Product research ●Product design ●Production planning ●Production process ●Production resources ●Personnel ●Inventory management

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 13 SLIDE 11 Checkpoint ●Describe the three activities that are a part of production planning. ●Developing a production process ●Obtaining production resources ●Identifying and preparing production personnel

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 13 SLIDE 12 MANUFACTURING PROCEDURES ●Organizing the work area ●Improving manufacturing

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 13 SLIDE 13 CONTINUOUS PROCESS IMPROVEMENT ●Involve everyone. ●Identify process activities. ●Establish quality performance standards. ●Select measurement tools. ●Monitor performance continuously. ●Improve process quality.

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 13 SLIDE 14 Checkpoint ●Why have manufacturers implemented continuous process improvement (CPI)? ●Manufacturers have implemented CPI because it can help meet the need for faster production, increased quality, and reduced costs. ●CPI increases the quality of work by reducing errors, inefficiencies, and waste.

© 2012 Cengage Learning. All Rights Reserved Planning and Managing Business Operations Goal 1Discuss the importance of effective business operations. Goal 2Describe tools used to manage business operations.

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 13 SLIDE 16 KEY TERMS ●logistics ●just-in-time ●operational plan ●schedule ●standard

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 13 SLIDE 17 THE IMPORTANCE OF BUSINESS OPERATIONS ●Types of business operations ●Facilities management ●Logistics ●Scheduling ●Safety and security ●Information management

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 13 SLIDE 18 Checkpoint ●Identify four important types of business operations. ●Facilities management ●Logistics ●Scheduling ●Safety and security

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 13 SLIDE 19 TOOLS FOR BUSINESS OPERATIONS ●Management tools ●Using technology to manage operations

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 13 SLIDE 20 COMMON TYPES OF OPERATIONS SOFTWARE ●Project management ●Budgeting ●Scheduling ●Inventory ●Computer security ●Document management ●Manufacturing automation

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 13 SLIDE 21 Checkpoint ●What are the benefits of using technology to help manage business operations? ●Technology makes planning and decision- making more accurate, rapid, and timely.