Product Planning And Production Management

Product development refers to the process of creating or improving a product or service. This includes activities such as market research, idea generation, concept development, prototyping, and testing. It is a systematic approach that involves identifying customer needs, designing solutions, and bringing them to market. Product liability, on the other hand, relates to the legal responsibility of a manufacturer or seller for any harm caused by a product. Product information refers to the details and specifications about a product that are provided to consumers. Therefore, the correct answer is product development.

CAD stands for computer-aided design, which refers to the use of computer software and technology to create, modify, analyze, and optimize designs. It allows designers and engineers to create precise and detailed 2D and 3D models of products or structures. CAD software provides tools and features that enhance the design process, such as the ability to easily make changes, simulate real-world conditions, and generate accurate documentation. CAD has revolutionized the design industry by increasing productivity, improving accuracy, and reducing errors and costs.

Understanding the characteristics of the unique services is one of the characteristics that could better help meet consumers' needs. This implies that by having a deep understanding of the specific qualities and features of the services being offered, businesses can tailor their offerings to match the preferences and requirements of their target consumers. This understanding enables businesses to provide personalized and customized solutions, enhancing customer satisfaction and meeting their needs more effectively.

Mass production refers to the process of manufacturing a large number of products in a short period of time. This method allows for increased efficiency and lower costs, as it involves the use of specialized machinery, assembly lines, and standardized processes. Mass production is often used to meet high consumer demand and is commonly associated with industries such as automotive, electronics, and consumer goods.

The correct answer is "manufacturing". This term refers to the process of transforming raw and semifinished materials into finished products through various methods such as cutting, shaping, assembling, or combining different components. It involves the use of machinery, tools, and labor to produce goods on a large scale. "Production" and "creation" are more general terms that can encompass various forms of output, while "manufacturing" specifically focuses on the processing of materials to create finished products.

The statement suggests that more than two-thirds of the U.S. labor force is currently working in service-producing businesses or service jobs. This means that a significant majority of workers in the U.S. are employed in sectors that involve providing services rather than producing goods. Therefore, the answer "True" indicates that the statement is accurate.

Computer-integrated manufacturing (CIM) is the most extensive use of computers in manufacturing. CIM refers to the integration of computer systems and software into the manufacturing process to automate and control various aspects such as design, planning, production, and quality control. It involves the use of computer-aided design (CAD), computer-aided manufacturing (CAM), robotics, and other technologies to streamline and optimize manufacturing operations. By integrating computers into manufacturing, CIM improves efficiency, accuracy, and productivity while reducing costs and human error.

Inventory management involves planning and controlling the quantities of materials and supplies needed for production, as well as managing the amount of finished products required to meet customer orders. It includes activities such as ordering, storing, tracking, and organizing inventory to ensure that the right amount of stock is available at the right time. Effective inventory management helps businesses optimize their supply chain, reduce costs, minimize stockouts, and improve customer satisfaction.

Pure research refers to the type of research that is conducted without a specific product or application in mind. It is driven by curiosity and the desire to expand knowledge in a particular field. Pure research aims to explore and understand fundamental principles and theories rather than focusing on practical applications. This type of research often lays the foundation for applied research, which involves using the knowledge gained from pure research to develop practical solutions or products.

The statement is false because Henry Ford did not use the assembly line to produce cars in the 1800s. He actually introduced the assembly line in the early 1900s, specifically in 1913, which revolutionized the manufacturing process and made mass production of cars possible.