Look through the list of words carefully. Translate all the terms and be ready to explain them in English. Learn the terms and be sure you know how to use them.
Date: 2015-10-07; view: 413.
Prepare an example of a company that implemented “lean production”. Provide some general information how the company worked before. Compare both periods. Does the adoption of “lean production” have negative or positive outcome?
Final Task (as a home assignment)
Ex. 4 Discuss in groups (Group 1 – Pic .1; Group 2 – Pic. 2) the graphs: analyze the figures and give reasons of the situation at the market.
WORDLIST FOR UNIT 4
| Page/ source | Terms and expressions | Translation or explanation |
| produce (v) production (n) (production process, production costs, production quality, production facilities) | ||
| pp.30-31 | manufacture (v, n) manufacturing (agile manufacturing) | |
| benchmark (v, n) benchmarking (best-practice benchmarking) BM | ||
| downsize (v) / rightsize (v) downsizing (n) / rightsizing (n) | ||
| outcome (measurable outcome) | ||
| mission statement | ||
| objective (business objective, performance objective) set business objectives | ||
| zero defects | ||
| precise | ||
| refer (to) | ||
| qualify (for) | ||
| specify | ||
| established norm | ||
| expenses | ||
| applicable | ||
| ANOVA | analysis of variance | |
| BPR | business process reengineering (or engineering) | |
| CM | cellular manufacturing | |
| COQ | cost of quality | |
| ISO | international Organization for Standardization | |
| JIT | just-in-time (manufacturing) | |
| MBO | management by objectives | |
| QA | quality assurance | |
| SMART | specific, measurable, achievable, relevant, time-bound | |
| TQM | total quality management | |
| USP | unique selling point | |
| p.32 | set standards | |
| p.33 | subject area | |
| involve | ||
| assume | ||
| inventory management | ||
| flat (organizational structure) | ||
| efficient (adj) efficiency (n) | ||
| ruthless (attitude) | ||
| caring vs. uncaring (attitude) | ||
| coordinate (v) coordination | ||
| preventative (approach, measure) | ||
| account for (v) accountable | ||
| senior (level) | ||
| break smth down (production is broken down into cells) | ||
| cell | ||
| similar(ly) | ||
| random(ly) | ||
| critical path analysis | ||
| Gantt chart | ||
| quality circle | ||
| requirements (meet requirements) | ||
| criterion – criteria | ||
| apply smth to smth | ||
| Text 1 | ||
| commercial product | ||
| 'innovation deficit' | ||
| competitiveness | ||
| a nugget of truth | ||
| trendy (adj) | ||
| a rival | ||
| nuts-and-bolts (adj) | ||
| mediocrity | ||
| shop floor | ||
| economies of scale | ||
| pitfalls on the road | ||
| short cuts | ||
| Text 2 | turnover | |
| export market | ||
| customer needs | ||
| GDP growth | ||
| low-cost competition | ||
| a division | ||
| revenue | ||
| an outfit | ||
| to tailor product to one's customers. | ||
| headquarters | ||
| workforce | ||
| a hallmark | ||
| a margins | ||
| capital-intensive (adj) | ||
| recruitment | ||
| recognition support | ||
| Text 3 | consumer-goods (adj) | |
| a losing brand | ||
| bureaucracy | ||
| annual sales | ||
| commodity |
| <== previous lecture | | | next lecture ==> |
| Scale or strength? | | | Why Strategy? |