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  • 81 design for production

    Gen Mgt
    the process of designing a product for best-fit with the manufacturing system of an organization in order to reduce the problems of bringing a product to market. Design for manufacturability is a team approach to manufacturing that pairs those responsible for the design of a product with those who build it. The manufacturing issues that need to be taken into account in the design process may include using the minimum number of parts, selecting appropriate materials, ease of assembly, and minimizing the number of machine set-ups. Design for manufacturability is one of the elements of concurrent engineering and is sometimes used as a synonym for it.

    The ultimate business dictionary > design for production

  • 82 flip

    Gen Mgt
    a startup company that works to build market share quickly and generate short-term personal wealth for its founders through flotation or sell-off

    The ultimate business dictionary > flip

  • 83 Ford, Henry

    (1863–1947) Gen Mgt
    U.S. industrialist. Founder of the Ford Motor Company, who organized the assembly line along the scientific management principles of Frederick Winslow Taylor and recorded his philosophy in My Life and Work (1922)
         After spending time as a machinist’s apprentice, a watch repairer, and a mechanic, Ford built his first car in 1896. He quickly became convinced of the vehicle’s commercial potential and started his own company in 1903. His first car was the Model A. After a year in business he was selling 600 a month.
         In 1907 Ford professed that his aim was to build a motor car for the masses. In 1908 his Model T was born. Through innovative use of new mass-production techniques, 15 million Model Ts were produced between 1908 and 1927.
         At that time, Ford’s factory at Highland Park, Michigan, was the biggest in the world. Over 14,000 people worked on the 57-acre site. He was quick to establish international operations as well. Ford’s first overseas sales branch was opened in France in 1908 and, in 1911, Ford began making cars in the United Kingdom.
         In 1919 Henry Ford resigned as the company’s president, letting his son, Edsel, take over. By then the Ford company was making a car a minute and Ford’s market share was in excess of 57%.

    The ultimate business dictionary > Ford, Henry

  • 84 Sperry, Elmer Ambrose

    [br]
    b. 21 October 1860 Cincinnatus, Cortland County, New York, USA
    d. 16 June 1930 Brooklyn, New York, USA
    [br]
    American entrepreneur who invented the gyrocompass.
    [br]
    Sperry was born into a farming community in Cortland County. He received a rudimentary education at the local school, but an interest in mechanical devices was aroused by the agricultural machinery he saw around him. His attendance at the Normal School in Cortland provided a useful theoretical background to his practical knowledge. He emerged in 1880 with an urge to pursue invention in electrical engineering, then a new and growing branch of technology. Within two years he was able to patent and demonstrate his arc lighting system, complete with its own generator, incorporating new methods of regulating its output. The Sperry Electric Light, Motor and Car Brake Company was set up to make and market the system, but it was difficult to keep pace with electric-lighting developments such as the incandescent lamp and alternating current, and the company ceased in 1887 and was replaced by the Sperry Electric Company, which itself was taken over by the General Electric Company.
    In the 1890s Sperry made useful inventions in electric mining machinery and then in electric street-or tramcars, with his patent electric brake and control system. The patents for the brake were important enough to be bought by General Electric. From 1894 to 1900 he was manufacturing electric motor cars of his own design, and in 1900 he set up a laboratory in Washington, where he pursued various electrochemical processes.
    In 1896 he began to work on the practical application of the principle of the gyroscope, where Sperry achieved his most notable inventions, the first of which was the gyrostabilizer for ships. The relatively narrow-hulled steamship rolled badly in heavy seas and in 1904 Ernst Otto Schuck, a German naval engineer, and Louis Brennan in England began experiments to correct this; their work stimulated Sperry to develop his own device. In 1908 he patented the active gyrostabilizer, which acted to correct a ship's roll as soon as it started. Three years later the US Navy agreed to try it on a destroyer, the USS Worden. The successful trials of the following year led to widespread adoption. Meanwhile, in 1910, Sperry set up the Sperry Gyroscope Company to extend the application to commercial shipping.
    At the same time, Sperry was working to apply the gyroscope principle to the ship's compass. The magnetic compass had worked well in wooden ships, but iron hulls and electrical machinery confused it. The great powers' race to build up their navies instigated an urgent search for a solution. In Germany, Anschütz-Kämpfe (1872–1931) in 1903 tested a form of gyrocompass and was encouraged by the authorities to demonstrate the device on the German flagship, the Deutschland. Its success led Sperry to develop his own version: fortunately for him, the US Navy preferred a home-grown product to a German one and gave Sperry all the backing he needed. A successful trial on a destroyer led to widespread acceptance in the US Navy, and Sperry was soon receiving orders from the British Admiralty and the Russian Navy.
    In the rapidly developing field of aeronautics, automatic stabilization was becoming an urgent need. In 1912 Sperry began work on a gyrostabilizer for aircraft. Two years later he was able to stage a spectacular demonstration of such a device at an air show near Paris.
    Sperry continued research, development and promotion in military and aviation technology almost to the last. In 1926 he sold the Sperry Gyroscope Company to enable him to devote more time to invention.
    [br]
    Principal Honours and Distinctions
    John Fritz Medal 1927. President, American Society of Mechanical Engineers 1928.
    Bibliography
    Sperry filed over 400 patents, of which two can be singled out: 1908. US patent no. 434,048 (ship gyroscope); 1909. US patent no. 519,533 (ship gyrocompass set).
    Further Reading
    T.P.Hughes, 1971, Elmer Sperry, Inventor and Engineer, Baltimore: Johns Hopkins University Press (a full and well-documented biography, with lists of his patents and published writings).
    LRD

    Biographical history of technology > Sperry, Elmer Ambrose

  • 85 Voisin, Gabriel

    SUBJECT AREA: Aerospace
    [br]
    b. 5 February 1880 Belleville-sur-Saône, France
    d. 25 December 1973 Ozenay, France
    [br]
    French manufacturer of aeroplanes in the early years of aviation.
    [br]
    Gabriel Voisin was one of a group of aviation pioneers working in France c. 1905. One of the leaders of this group was a rich lawyer-sportsman, Ernest Archdeacon. For a number of years they had been building gliders based on those of the Wright brothers. Archdeacon's glider of 1904 was flown by Voisin, who went on to assist in the design and manufacture of gliders for Archdeacon and Louis Blériot, including successful float-gliders. Gabriel Voisin was joined by his brother Charles in 1905 and they set up the first commercial aircraft factory. As the Voisins had limited funds, they had to seek customers who could afford to indulge in the fashionable hobby of flying. One was Santos- Dumont, who commissioned Voisin to build his "14 bis" aeroplane in 1906.
    Early in 1907 the Voisins built their first powered aeroplane, but it was not a success.
    Later that year they completed a biplane for a Paris sculptor, Léon Delagrange, and another for Henri Farman. The basic Voisin was a biplane with the engine behind the pilot and a "pusher" propeller. Pitching was controlled by biplane elevators forward of the pilot and rudders were fitted to the box kite tail, but there was no control of roll.
    Improvements were gradually introduced by the Voisins and their customers, such as Farman. Incidentally, to flatter their clients the Voisins often named the aircraft after them, thus causing some confusion to historians. Many Voisins were built up until 1910, when the company's fortunes sank. Competition was growing, the factory was flooded, and Charles left. Gabriel started again, building robust biplanes of steel construction. Voisin bombers were widely used during the First World War, and a subsidiary factory was built in Russia.
    In August 1917, Voisin sold his business when the French Air Ministry decided that Voisin aeroplanes were obsolete and that the factory should be turned over to the building of engines. After the war he started another business making prefabricated houses, and then turned to manufacturing motor cars. From 1919 to 1939 his company produced various models, mainly for the luxury end of the market but also including a few sports and racing cars. In the early 1950s he designed a small two-seater, which was built by the Biscuter company in Spain. The Voisin company finally closed in 1958.
    [br]
    Principal Honours and Distinctions
    Chevalier de la Légion d'honneur 1909. Académie des Sciences Gold Medal 1909.
    Bibliography
    1961, Mes dix milles cerfs-volants, France; repub. 1963 as Men, Women and 10,000 Kites, London (autobiography; an eminent reviewer said, "it contains so many demonstrable absurdities, untruths and misleading statements, that one does not know how much of the rest one can believe").
    1962, Mes Mille et un voitures, France (covers his cars).
    Further Reading
    C.H.Gibbs-Smith, 1965, The Invention of the Aeroplane 1799–1909, London (includes an account of Voisin's contribution to aviation and a list of his early aircraft).
    Jane's Fighting Aircraft of World War I, London; reprinted 1990 (provides details of Voisin's 1914–18 aircraft).
    E.Chadeau, 1987, L'Industrie aéronautique en France 1900–1950, de Blériot à Dassault, Paris.
    G.N.Georgano, 1968, Encyclopedia of Motor Cars 1885 to the Present, New York (includes brief descriptions of Voisin's cars).
    JDS

    Biographical history of technology > Voisin, Gabriel

  • 86 strategy

    [ˈstrætɪdʒɪ]
    build- up strategy вчт. восходящая стратегия business strategy стратегия предприятия company strategy стратегия компании competitive strategy стратегия конкуренции creative strategy марк. творческая стратегия development strategy стратегия развития differentiation strategy стратегия дифференцирования divide and conquer strategy вчт. стратегия "разделяй и властвуй" expansionary strategy экспансионистская стратегия feedback strategy стратегия с обратной связью funding strategy стратегия консолидирования funding strategy стратегия финансирования funding strategy стратегия фундирования inference control strategy вчт. стратегия управления выводом linear strategy линейная стратегия long-term strategy долгосрочная стратегия market entry strategy стратегия проникновения на рынок markov strategy марковская стратегия markovian strategy марковская стратегия maximin strategy максиминная стратегия milking strategy ведение операций без резервов niche strategy стратегия выхода на незанятый рынок товаров penetration strategy рекл. стратегия проникновения permissible strategy допустимая стратегия portfolio strategy стратегия размещения ценных бумаг randomized strategy рандомизированный стратегия retrieval strategy док. порядок внесения исправлений sales strategy стратегия поддержания уровня сбыта search strategy doc. стратегия поиска segmentation strategy стратегия сегментации stationary strategy стационарная стратегия strategy стратегия; оперативное искусство strategy стратегия suboptimal strategy частично оптимальная стратегия

    English-Russian short dictionary > strategy

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