Flashcards on Chapter 15: Global Production, outsourcing and logistics, created by Ari Minors on 31/03/2018.
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Created by Ari Minors
over 6 years ago
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Created by Ari Minors
over 6 years ago
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Define Production
Materials Management
Logistics
2 reasons for production and material management functions
Improved Quality Control reduces cost in three ways:
Total Quality Management
Six Sigma
ISO 9000
3 Factors to consider for international production
Country Factors
Minimum Efficient Scale
The Larger the minimum efficient scale of a plant
Flexible Manufacturing Technology (Lean Production)
Technology Factors
Mass Customization
Product Factors
Concentrated Manufacturing makes sense when...
Decentralization of manufacturing is approriate when
Make or buy decisions
The Advantage of Make
The Advantage of Buy
Outsourcing
Off-shoring
