Question: Please help me match the right and left side No explanation needed 1 6 (-) Match the terms with the right definitions. assembly process bill

Please help me match the right and left side No explanation needed Please help me match the right and left side No Please help me match the right and left side NoPlease help me match the right and left side NoPlease help me match the right and left side NoPlease help me match the right and left side NoPlease help me match the right and left side NoPlease help me match the right and left side No

1 6 (-) Match the terms with the right definitions. assembly process bill of material [ ] A unified system that has the power to integrate and optimize a company's sprawling functions by automating much of what it does Production technique that uses small, self-contained production units, each performing all or most of the tasks necessary to complete a manufacturing order A commitment constantly seek better ways of doing things in order to achieve greater efficiency and improve quality Refers to a decentralized public ledger" of all transactions that have ever been executed. It is constantly expanding, as "completed" blocks are added to the ledger with each new A list of the items and the number of each required to make a given product A production process in which the basic inputs are either combined to create the output transformed into the output blockchain technology business process management (BPM) [ ] cellular manufacturing [ ] continuous improvement [ ] 3 6 (-) Match the terms with the right definitions. Gantt charts intermittent process ( ] Bar graphs plotted on a time line that show the relationship between scheduled and actual production. A production process that uses short production runs to make batches of different products, generally used for low-volume, high-variety products The determination of how much of each type of inventory a firm will keep on hand and the ordering, receiving, storing, and tracking of inventory Streamlining production by eliminating steps in the production process that do not add benefits that customers want A complex computerized system that integrates data from many departments to allow managers to more accurately forecast and assess the impact A system in which materials arrive exactly when they are needed for production, rather than being stored on-site inventory management production plans on profitability. just-in-time (JIT) [ | lean manufacturing [ | manufacturing resource planning II (MRPII) [ ] 4 6 (-) Match the terms with the right definitions. mass customization operations management [ ) A production process in which the basic input is broken down into one or more outputs (products) A manufacturing process in which goods are mass-produced up to a point and then custom-tailored to the needs or desires of individual customers Management of the production process A facility arrangement in which work flows according to the production process. All workers performing similar tasks are grouped together, and products pass from one workstation to A continuously updated list of inventory levels, orders, sales, and receipts The purchase of items from an outside source rather than making them internally outsourcing perpetual inventory [ process layout [ | process manufacturing [ ) 10 , 2 5 6 (-) Match the terms with the right definitions. quality control Six Sigma [ ) A quality control process that relies on defining what needs to be done to ensure quality, measuring and analyzing production results statistically, and finding ways improve and contro Routing technique that uses simple icons to visually represent the flow of materials and information from suppliers through the factory to customers The process of creating quality standards, producing goods that meet them, and measuring finished goods and services against them Large data sets and systems and solutions developed to manage large accumulations of data The process of smoothing transitions along the supply chain so that the firm can satisfy its customers with quality products and services; focuses on developing tight bonds with supplie The use of quality principles in all aspects of a company's production and operations. supply-chain management Total Quality Management (TQM [ ) value-stream mapping [ ] big data [ ] 6 6 (-) Match the terms with the right definitions. benefit segmentation brainstorming ( ) The strategy of grouping two or more related products together and pricing them as a single product. A set of unique features of a company and its products that are perceived by the target market as significant and superior to those of the competition; also called differential advantage A firm's ability to produce a product or service at a lower cost than all other competitors in an industry while maintaining satisfactory profit margins A method of generating ideas in which group members suggest as many possibilities as they can without criticizing or evaluating any of the suggestions The differentiation of markets based on what a product will do rather than on customer characteristics Relatively inexpensive items that require little shopping effort and are purchased routinely without planning bundling competitive advantage [ ] ] convenience products [ ] . ) cost competitive advantage | ] 16 (), 53 7 6 (-) Match the terms with the right definitions, differential competitive advantage dynamic pricing ( ) Product, price, promotion, place (distribution), and people, which together make up the marketing mix. A firm's ability to provide a unique product or service with a set of features that the target market perceives as important and better than the competitor's The strategy of pricing products below the normal markup or even below cost to attract customers to a store where they would not otherwise shop A new flavor, size, or model using an existing brand name in an existing category A group of eight to 12 participants led by a moderator in an in-depth discussion on one particular topic or concept Computer algorithms that allow for prices to change based on demand five Ps focus group [ ] ) leader pricing [ line extension [ ] 8 6 (-) Match the terms with the right definitions. loss leader market segmentation ( ] A product priced below cost as part of a leader-pricing strategy The process of separating, identifying, and evaluating the layers of a market in order to identify a target market The process of discovering the needs and wants of potential buyers and customers and then providing goods and services that meet or exceed their expectations A firm's ability target and effectively serve a single segment the market, often within a limited geographic area The strategy of setting a price at an odd number to connote a bargain and at an even number to suggest quality The blend of product offering, pricing, promotional methods, distribution system, and strategies for utilizing people that creates an offering that brings a specific group of consumers marketing marketing mix [ ] ) niche competitive advantage [ ] . ) odd-even (psychological) pricing [ ]

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