QUESTIONS WITH VERIFIED ANSWERS
◉ information age. Answer: A time when infinite quantities of facts
are widely available to anyone who can use a computer
◉ internet of things (IoT). Answer: A world where interconnected
Internet-enabled devices or "things" have the ability to collect and
share data without human intervention
◉ machine-to-machine (M2M). Answer: refers to devices that
connect directly to there devices
◉ data aggregation. Answer: The collection of data from various
sources for the purpose of data processing
◉ structured data. Answer: data that has defined length, type and
format and includes numbers, dates, or strings such as Customer
Address
◉ ambient digital experience. Answer: a blend of the physical,
virtual, and electronic environments creating a real-time ambient
environment that changes as the user moves form one place to
another
,◉ Internet of Everything (IoE). Answer: a concept that extends the
Internet of Things (IoT) emphasis on machine-to-machine
communications to describe a more complex system that also
encompasses people and processes
◉ autonomous agent. Answer: software that carries out some set of
operations on behalf of a user or another program with some degree
of independence or autonomy, and employ some knowledge or
representation of the user's goals or desires
◉ autonomic computing. Answer: a self-managing computing model
named after, and patterned on, the human body's autonomic
nervous system
◉ transformation process. Answer: the technical core, especially in
manufacturing organizations; the actual conversion of inputs to
outputs
◉ value-added. Answer: the term used to describe the difference
between the cost of inputs and the value of price of outputs
◉ strategic business units (SBUs). Answer: consists of several stand
alone businesses
,◉ materials requirement planning (MRP) system. Answer: sales
forecasts to make sure that needed parts and materials are available
at the right time and place in a specific company
◉ tactical planning. Answer: focuses on producing goods and
services as efficiently as possible within the strategic plan
◉ operational planning and control (OP&C). Answer: deals with the
day to day procedures for performing work, including scheduling,
inventory, and process management
◉ International Organization for Standardization (ISO). Answer: a
non-governmental organization established in 1947 to promote the
development of world standards to facilitate the international
exchange of goods and services
◉ process quality. Answer: main goal is to produce defect free
products
◉ six sigma quality. Answer: the goal is to detect potential problems
to prevent their occurrence and achieve no more than 3.4 defects
per million opportunities
◉ malcolm baldric national quality awards. Answer: 1987 U.S.
standard awarding quality awards in seven key areas: leadership,
, strategic planning, customer/market focus, information and
analysis, human resources focus, process management, and business
results
◉ ISO 900. Answer: international organization for standardization
(1947) requiring a company to determine customer needs, including
regulatory and legal requirements including communication
arrangements. Other standards involve process control, product
testing, storage and delivery.
◉ ISO 14000. Answer: collection of best practices for managing an
organizations impact on the environment
◉ CMMI. Answer: capability maturity integration is a framework for
best practices. Does not describe the processes themselves; it
describes the characteristics of good processes, thus providing
efficient guidelines.
◉ inputs. Answer: land, labor, capital, information
◉ transformation. Answer: conversion process
◉ outputs. Answer: goods & services