Shared Flashcard Set

Details

Additional Funyons
N/A
9
Mathematics
Undergraduate 3
10/02/2011

Additional Mathematics Flashcards

 


 

Cards

Term
1. Microcomputer and Application Software
2. Turnkey System
3. Open Architecture Software on Company-Owned Hardware
4. Customized or Homegrown Systems
Definition
4 Ways Printers Computize Their Computers
Term
Microcomputer and Application Software
Definition
Requires the company to purchase a microcomputer or laptop, them purchase an application software package (“canned software”) from a printing industry computer vendor. Less expensive, but has more limitations.
Term
Turnkey System
Definition
Taken by medium to large printing firms. A single vendor provides all hardware and a fully integrated software package and thus a full MIS. Can handle all production and accounting duties. Can be moderately to extremely expensive, but highly convenient.
Term
Open Architecture Software on Company-Owned Hardware
Definition
Purchasing an open architecture package that runs on the printer’s network environment. This allows the printer to adapt the software for whatever needs that it has. Can be carefully tailored to the company’s needs, but sometimes the company is unable to set it up correctly.
Term
Customized or Homegrown Systems
Definition
Can provide the most tailored and precise result, but at a greater time and cost because all the work is put on the printing company. Typically used my small printing companies or quick printers
Term
cost and price
Definition
2 types of estimating
Term
sales dollars – (material costs + buyouts)
Definition
formula for value added
Term
standarization of process, standardization of product, and market specialization
Definition
3 classes of production standards
Term
1. Divide production areas into specific standards
2. tailor all data to the company’s production conditions
3. review and revise at least once a year
4. keep all data secure
5. share information on a need to know basis
Definition
5 rules for establishing and using production standards and BHRs
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