Identify the five fallacies commonly associated with the implementing new technology. Describe the differences in fixed, programmed, and flexible automation. Summarize the role of computers in applying technology in manufacturing and service operations. Describe the importance of flexibility in today's organizations. Identify some key technological developments in manufacturing and service operations and discuss the advantages they create.
Technology is the application of scientific knowledge, especially in industry or business.
Improved product and service quality. Increased responsiveness to markets. Increased responsiveness to customers. Increased long term profitability. Strategic Alliances attempt to improve the competitiveness of each member company through increased access to needed expertise and increased access to new markets.