1. Modern Technology Warm-Up Pg. 73
What has been the impact of computers on your life?

2. Impact of Computers Reduction of privacy Quicker access to information
Increase in efficiency
Employees must sign internet-usage agreements
Entertainment
Shopping

4. 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

5. 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

6. Free Market and New Technology
How do you think free enterprise influences technological innovations, such as, cell phones, personal computers, and GPS?