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Flexible manufacturing systems (FMS) Flexible manufacturing systems (FMS) refer the use of computers to change from one production process to another in order to produce
Agile manufacturing Agile manufacturing is a term that refers to the activities of manufacturing environments that are dynamic and flexible enough to instantaneously produce ...
Manufacturing company Manufacturing company is a firm that converts raw materials and component parts into consumer and industrial goods.
Computer-aided manufacturing (CAM) Computer-aided manufacturing (CAM) computer tools to analyze CAD output and enable a manufacturer to analyze the steps that a
Computer-integrated manufacturing (CIM) Computer-integrated manufacturing (CIM) is the production system in which computers help workers design products, control machines,
Contract manufacturing Contract manufacturing refers to a joint venture in which a company contracts with manufacturers in a foreign market to produce its product or provide its service.
Joint venturing Joint venturing refers to enter foreign markets by joining with foreign companies to produce or market a products or services.
Manufacturing organization Manufacturing organization that produce physical goods. It’s easy to see the operations management process at work in these types of
The standard manufacturing rate The Standard manufacturing overhead rate per unit is the predetermined overhead rate times the activity index quantity standard.
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