STUDY
.
system
. an interrelated and harmonized collection of components and methods that transform inputs into outputs.
Terms in this set (12)
Which term is defined as an interrelated and harmonized collection of components and methods that transform inputs into outputs?
system
.
STUDY
.
system
. an interrelated and harmonized collection of components and methods that transform inputs into outputs.
What refers to the digital transformation of manufacturing moving from automated factories to smart factories?
Industry 4.0
has been defined as “a name for the current trend of automation and data exchange in manufacturing technologies, including cyber-physical systems, the Internet of things, cloud computing and cognitive computing and creating the smart factory”.
Is the efficiency with which a company can transform inputs into outputs?
Goods and materials kept in stock for production or sale. … Overseeing all the activities involved in producing goods and services.
Productivity
. The efficiency with which an organization can convert inputs to outputs.
What is true nearshoring?
Terms in this set (20) Which is true of nearshoring? It is
the process of outsourcing work to people and firms in countries located nearby your own country
. … It involves taking samples from a process periodically and analyzing them to look for trends and anomalies.
Is a logically linked sequence of activities in a network diagram?
A graphical tool that shows the logical linkages between activities in a project. … A critical activity cannot be delayed without lengthening the overall project duration.
Network path
. A logically linked sequence of activities in a network diagram.
Is a set of components that interact to achieve a common goal?
A set of two
or
more interrelated components that interact to achieve a goal. Occurs when a subsystem’s goals are inconsistent with the goals of another subsystem or with the system as a whole. Occurs when a subsystem achieves its goals while contributing to the organization’s overall goal.
Which of the following is a primary activity in the value chain AIS?
The primary activities of the value chain include
inbound logistics, operation outbound logistics, marketing and sales, and service
. Secondary activities or the support activities include firm infrastructure, human resources management, and procurement.
What are the risks of an industry 4.0 solution?
- lack of skills or talent to manage complex Industry 4.0 structures.
- concerns regarding cyber security.
- other priorities for capital expenditure.
- lack of appropriate digital infrastructure.
- lack of knowledge of digitalisation and how it can help the business.
How is industry 4.0 defined?
Industry 4.0, also sometimes referred to as IIoT or smart manufacturing,
marries physical production and operations with smart digital technology, machine learning, and big data
to create a more holistic and better connected ecosystem for companies that focus on manufacturing and supply chain management.
What is the supporting technology for smart factories?
Various technologies such as
AI, Big Data Analytics, Cloud Computing, and Industrial IoT (Internet of Things)
have made smart manufacturing practices fully comprehensive.
How do you turn inputs into outputs?
Process Technology
. Some organizations use a nonstop process to convert their inputs into outputs. This type of technology is known as process technology, which is used to convert raw materials into outputs using a type of production known as continuous process.
What is the technology used to transform inputs into outputs?
Operations management
transforms inputs (labor, capital, equipment, land, buildings, materials and information) into outputs (goods and services) that provide added value to customers.
What is the input transformation?
A transformation process is any activity or group of activities that takes one
or
more inputs, transforms and adds value to them, and provides outputs for customers or clients. … For example, a hospital transforms ill patients (the input) into healthy patients (the output).
What is an example of nearshoring?
Typical nearshoring examples would be:
A company based in the United States outsourcing to a third-party in Mexico
. A customer in Germany delegating work to an extended development service provider in Poland or elsewhere in Europe.
