Ans : Recent trends in Operations Management:-
1. CAD/CAM- CAD/CAM stands for Computer-aided design and Computer-aided manufacturing. It is used in product development to enable manufacturers to design and build their products using computers. The technology that has been developing since the first interactive graphics was developed at MIT in early 1970s. CAD uses computer graphics and software to enable engineers to do most of design activities needed to complete engineering design that include creating parts in 3D, assembling them, and producing engineering drawings. CAM generates tool path (i.e., NC [numerical control] part program) with reference to CAD database for geometric references. This CAD/CAM technology is a result of advancement of computer hardware and software technologies and used in almost all areas of industries in many different forms helping people to do efficient jobs in design and manufacturing activities. 2. CIM- Computer Integrated Manufacturing, known as CIM, is the phrase used to describe the complete automation of a manufacturing plant, with all processes functioning under computer control and digital information tying them together. It was promoted by machine tool manufacturers in the 1980's and the Society for Manufacturing Engineers (CASA/SME). Quite often it was mistaken for the concept of a "lights out" factory. It includes CAD/CAM, computer-aided design/computer-aided manufacturing, CAPP, computer-aided process planning, CNC, computer numerical control machine tools, DNC, direct numerical control machine tools, FMS, flexible machining systems, ASRS, automated storage and retrieval systems, AGV, automated guided vehicles, use of robotics and automated conveyance, computerized scheduling and production control, and a business system integrated by a common data base. 3. FMS- A flexible manufacturing system (FMS) is a manufacturing system in which there is some amount of flexibility that allows the system to react in the case of...
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