Understanding Data, Information Systems, and Development Methodologies
Understanding Data and Information
1. Data and Information
- Data: Records of facts, events, or transactions. Data are the raw material used to obtain information.
- Information: Processed data that is useful to the recipient.
Having the right information is crucial for making the most appropriate decisions in each situation.
Systemic Approach to Problem Solving
2. Systemic Approach
The systemic approach begins by designing the entire system as a single black box, where only inputs and outputs are initially
Read MoreAdvanced Material Removal Processes & Quality Management
Advanced Material Removal Processes
Conventional Machining: Material removal through mechanical processes.
Electro-Discharge Machining (EDM): Material removal by controlled electrical discharges. Part of the electrode-discharge occurs within a dielectric fluid, causing erosion.
Benefits: Suitable for hard and refractory materials, complex geometries.
Disadvantages: Requires specialized drivers, slow speed, can modify the material’s microstructure.
Dielectric Types: Penetrating (oil) and non-penetrating
Read MoreWorkplace Safety and Efficiency: Housekeeping and Permits
Importance of Proper Housekeeping
- Reduced Hazards: Effective housekeeping eliminates or controls workplace hazards such as slips, trips, and falls. Clearing walkways and promptly cleaning up spills significantly reduce accident risks.
- Improved Safety: Contributes to fire safety by reducing fire hazards like clutter, flammable materials, and poorly maintained equipment.
- Enhanced Efficiency: A well-organized workspace makes tools and materials easy to locate, reducing time spent searching and improving
Managerial Economics: Decisions, Technology, and Market Dynamics
Short-Run and Long-Run Managerial Decisions
Short-run: Use plant and equipment efficiently and profitably. Types of decisions: capacity utilization. Analysis is the same as in the previous version.
Long-run: Determine desired capacity. Decide on the type of plant to install. Types of decisions: investment decisions.
Sources of Knowledge
Hiring employees of rival companies:
- Good sources of information about the production process
Technology Implementation
Technology is a means of converting raw inputs,
Read MoreOutsourcing Fundamentals and Radiation Protection in Construction
Fundamentals of Outsourcing and Radiation Protection: Contract __A__
In January 2007, contract law (Law 20123) was implemented. The President mentioned that one of its main goals was to create more and better jobs and build modern industrial relations that are fair and balanced. The origin of this law had its genesis in large inequalities and the lack of clear employment regulations on subcontracting, where the contractors and subcontractors are mostly well below present standards with respect to
Read MoreCompany Functions, Management Qualities, and Planning
Company Functions and Management
1. Company Functions and Leadership
The functions of a company address various aspects, including leadership. Here’s a brief explanation:
- a) Core Functions: Planning, organization, management, control
- b) Management Levels:
- Senior Management: Takes high-level decisions (e.g., new product development, acquisitions) and oversees general operations.
- Middle Management: Develops detailed plans to implement top management’s strategies, selects production equipment, manages dealer