Front

is the making of something new, either tangible (products) or intangible (services).

Back

production?

Front

What is the difference between production and manufacturing?

Back

Production is the transformation of raw materials into products, while manufacturing is the conversion of a design into a finished product.

Front

Why is manufacturing important?

Back

Manufacturing provides basic means of human existence, creates wealth for nations, and contributes to human happiness and world peace.

Front

What are the three flows in manufacturing?

Back

1. Flow of materials 2. Flow of information 3. Flow of cost

Front

Define marketing according to the American Marketing Association.

Back

Marketing is a process to plan and implement concept building of ideas, commodities, and services, pricing, sales promotion, and distribution to create the exchange value.

Front

What is productivity?

Back

Productivity is a measure of the effectiveness of the transformation process, defined as the ratio of output to input.

Front

What are the kinds of productivity?

Back

1. Physical productivity 2. Value productivity 3. Factor productivity 4. Total productivity

Front

What is decision-making?

Back

Decision-making is the process of selecting the best plan from among several alternatives.

Front

What is design specification?

Back

Design specification outlines objectives, performance criteria, and design elements to reach the desired result.

Front

What influences the development of specifications?

Back

Company, product, and project.