1. Chapter 13 Production and Beyond

2. Producing Products Resources Capitol People Knowledge Materials Energy Tools/Machines Processes

3. Product Life Cycle Design Produce Use Need Purchase Dispose

4. Free Enterprise Cost of a product Materials Labor Overhead Profit

5. Consumer Demand Market Survey Who will buy this product? What are the characteristics of the population that want to buy this product? What are the long term potential for this product? Are there other similar products? What is the product’s potential market share? What is the potential for other new competition? How many products can I expect to sell?

6. Production Terminology Value added Interchangeable Parts Trade-Offs “Time is Money” Management / Structure Fixed Costs Variable Costs Break Even Point

7. Materials Raw materials Extracted and harvested from the earth, water or air. Primary processes Secondary processes Final product

8. Forming Materials Bending Pressing Molds and Dies Forging Extruding and Drawing Casting and molding Patterns Sand casting Investment casting Permanent molds

9. Separating Materials Takes away material – creates waste Good planning = less waste Shearing Piercing Blamiking Die-Cutting Chip Removal Grinding Electrical Chemical Thermal

10. Assembly Mechanical Joinery Nails Screws Threading Chemical Adhesives Thermal

11. Production Technology Global Work force Computer Integrated Manufacturing (CIM) Computer Aided Design (CAD) Computer Aided Manufacturing (CAM) Automated Material Handling (AMH) Total Quality Control (TQC) Just In Time Manufacturing (JIT) Flexible Manufacturing System (FMS) Robotics

12. How Does This Affect You? Resources Costs Environment Individualism Product Designs Restrictions Employment / Jobs Economic Systems