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Introduction to Business © Thomson South-Western ChapterChapter Production and Business Operations 13-1 13-1Types of Production 13-2 13-2Production Planning.

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Presentation on theme: "Introduction to Business © Thomson South-Western ChapterChapter Production and Business Operations 13-1 13-1Types of Production 13-2 13-2Production Planning."— Presentation transcript:

1 Introduction to Business © Thomson South-Western ChapterChapter Production and Business Operations 13-1 13-1Types of Production 13-2 13-2Production Planning 13-3 13-3Planning and Managing Business Operations 13

2 Introduction to Business © Thomson South-Western Chapter 13 Slide 2 LESSON 13-1 Types of Production Goals Describe the role of producers in the economy and the forms of production. Differentiate among the various types of manufacturing.

3 Introduction to Business © Thomson South-Western Chapter 13 Slide 3 Key Terms extraction and cultivation processing manufacturing mass production custom manufacturing materials processing

4 Introduction to Business © Thomson South-Western Chapter 13 Slide 4 PRODUCTION AS AN ECONOMIC ACTIVITY Role of producers Forms of production Extraction and cultivation Processing Manufacturing

5 Introduction to Business © Thomson South-Western Chapter 13 Slide 5 MANUFACTURING A manufacturing process Types of manufacturing procedures Mass production Custom manufacturing Materials processing

6 Introduction to Business © Thomson South-Western Chapter 13 Slide 6 >> C H E C K P O I N T What are the three forms of production? What is the difference between custom manufacturing and materials processing?

7 Introduction to Business © Thomson South-Western Chapter 13 Slide 7 LESSON 13-2 Production Planning Goals Identify the activities involved in production planning. Describe how manufacturing is organized.

8 Introduction to Business © Thomson South-Western Chapter 13 Slide 8 Key Terms applied research pure research production process continuous process improvement benchmarks

9 Introduction to Business © Thomson South-Western Chapter 13 Slide 9 PRODUCTION ACTIVITIES Product development Product research Product design Production planning Production process Production resources Personnel Inventory management

10 Introduction to Business © Thomson South-Western Chapter 13 Slide 10 MANUFACTURING PROCEDURES Organizing the work area Improving manufacturing

11 Introduction to Business © Thomson South-Western Chapter 13 Slide 11 CONTINUOUS PROCESS IMPROVEMENT Step 1 Step 1Involve everyone. Step 2 Step 2Identify process activities. Step 3 Step 3Establish quality performance standards. Step 4 Step 4Select measurement tools. Step 5 Step 5Monitor performance continuously. Step 6 Step 6Improve process quality.

12 Introduction to Business © Thomson South-Western Chapter 13 Slide 12 >> C H E C K P O I N T Describe the three activities that are a part of production planning. Why have manufacturers implemented Continuous Process Improvement (CPI)?

13 Introduction to Business © Thomson South-Western Chapter 13 Slide 13 LESSON 13-3 Planning and Managing Business Operations Goals Discuss the importance of effective business operations. Describe tools used to manage business operations.

14 Introduction to Business © Thomson South-Western Chapter 13 Slide 14 Key Terms logistics just-in-time operational plan schedule standard

15 Introduction to Business © Thomson South-Western Chapter 13 Slide 15 THE IMPORTANCE OF BUSINESS OPERATIONS Types of business operations Facilities management Logistics Scheduling Safety and security Information management

16 Introduction to Business © Thomson South-Western Chapter 13 Slide 16 TOOLS FOR BUSINESS OPERATIONS Management tools Using technology to manage operations Common types of operations software Project management Budgeting Scheduling Inventory Computer security Document management Manufacturing automation

17 Introduction to Business © Thomson South-Western Chapter 13 Slide 17 >> C H E C K P O I N T Identify four important types of business operations. What are the benefits of using technology to help manage business operations?


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