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6 Cards in this Set

  • Front
  • Back

Process Technology

The machines, equipment and devices that create and/or deliver the goods and services

Define indirect process technology

The supporting technology of planning and control activities and such

Give a few examples of process technologies

- Computer numerically controlled tools (CNC)


- Robots - Automated guided vehicles (AVGs)


- Flexible manufacturing systems (FMSs)


- Computer integrated manufacturing (CIM)

What is a decision support system?

A system which provides information with the direct objective of aiding or supporting managerial decision making

What is an expert system?

A system that provides information with the direct objective of aiding or supporting managerial decision making

What is discounting?

A calculation to assess if certain technology gives an acceptable financial return