Cim 2 Marks and Answers Essay

324 WordsOct 1, 20122 Pages
Define CIM and its scope. Computer-integrated manufacturing (CIM) is the manufacturing approach of using computers to control the entire production process. This integration allows individual processes to exchange information with each other and initiate actions. Through the integration of computers, manufacturing can be faster and less error The scope of CIM includes Automation Fixed Programmable Flexible automation Communication Artirficial intelligence Write down the various components of CIM. I. Machine tools and related equipment II. Material Handling System (MHS) III. Computer Control System IV. Human factor/labor What are the functions of financial management? Estimation of capital requirements Determination of capital composition Choice of sources of funds Investment of funds Disposal of surplus Management of cash Financial controls Define Product development cycle. System of defined steps and tasks such as strategy, organization, concept generation, marketing plan creation, evaluation, and commercialization of a new product. It is a cycle by means of which an innovative firm routinely converts ideas into commercially services. List out the significance of CIM. Improved communication of data and informations Improved Automation Improved production rate Improved service and delivery What are the main elements of a CIM system? Man and machine AGV Central computer Bulk memory Telecommunication lines,etc., What are the benefits of implementing CIM? 1. Increased machine utilization 2. Reduced direct and indirect labor 3. Reduce mfg. lead time 4. Lower in process inventory 5. Scheduling flexibility Write short notes on design and implementation of CIM. Data collection Integration

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