Text 5 Production Management

Production management involves the series of activities needed to run a company. Production management involves coordinating the activities of selecting, designing, operating, controlling and updating the company's productive system.

A productive system is the combination of the activities that interact to enable the company to reach its goals. In an effective productive system all activities should work together, all activities are coordinated toward accomplishing the same goals, the system is well regulated and operates smoothly, and the system includes all activities necessary to accomplish the company's goals.

Each company's productive system is a combination of input, transformation, and output activities. Inputs are any resources needed to do the work. Transformation involves changing inputs into the company's final product. Outputs are the final products of the company's productive system.

Production planning includes deciding what product to make, as well as how and where to make it. The product is used by a company to reach its goals by providing something of value to its customers.

Every company must answer three production-related questions: How shall we make the product? Can we make the number of products we want? Can we manufacture the product at a satisfactory cost?

The company must plan to acquire the human and technological inputs required to produce its chosen product.

6. Ответьте на вопросы:

1) What does production management involve?

2) What is an effective productive system?

3) The final product is something of value to the customers, isn’t it?

7. Дайте на английском языке объяснение понятиям:

a productive system –

inputs –

transformation –

outputs –

8. Согласитесь или не согласитесь со следующими утверждениями:

1) Each company's productive system is a combination of input, transformation, and output activities.

2) Production planning includes deciding where to sell the product.

3) Every company must answer the main question: Where to find customers?

9. Вы - владелец компьютерной компании. Объясните на английском языке

а) что может являться исходным материалом для производства компьютеров (inputs);

b) какие модели компьютеров могут стать конечным продуктом (ouputs) компании.

Part 6

1. Прочтите и запомните значение следующих слов и словосочетаний:

spend v	тратить
supplies n pl	припасы, поставки, поступления
source n	источник
fund n	запас, резерв; фонд, капитал
pay the bills	оплачивать счета
cash flow	поток денежной наличности
inflow of cash	приток денег
outflow of cash	утечка денег
flow in v	приходить, поступать (о деньгах)
flow out of v	уходить (о деньгах)
accounting n	учет, бухгалтерский учет
consequences n pl	последствия

2. Объясните значение на русском языке следующих словосочетаний:

financial management, financial officer, financial data, financial statement, financial decisions, financial consequences.

3. Подберите слова близкие по значению:

1) present v	a) stock n
2) accountant n	b) selling n
3) spend v	c) control v
4) chief a	d) inventory n
5) monitor v	e) main a
6) fund n	f) bookkeeper n
7) material resources	g) expend v
8) sale n	h) submit v

4. Соотнесите английские фразы из левой колонки с их русскими эквивалентами в правой:

1) who keep track	a) обе сферы
2) art and science	b) ключ к успеху
3) is closely related to	c) контролируют денежные потоки
4) both areas	d) не такая видимая как
5) monitor cash flows	e) которые отслеживают (путь)
6) not as visible as	f) тесно связан с
7) key to success	g) искусство и наука

5. Прочтите текст и постарайтесь понять его содержание: