136 production Flashcards

1
Q

what does production depend on

A
  • cost
  • volume
  • quality
  • skill of workforce
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2
Q

what are the 3 types of production

A
  • job production
  • batch production
  • flow of mass production
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3
Q

explain job production

A
  • item is cutom made, one at at time, products are unique and to the buyers specification
  • labour insensive, produced by skilled workers
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4
Q

(+) of job production

A

-results in high quality products that are matched to cutomer needs-justfying high prices
-prevents boredom-employees make something new everytime-higher motivation
- design is flexible and can be adapted to cutomer needs-business less vunerable to changes in taste as they are flexible-ready to adapt to customer wants

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5
Q

(-) of job production

A
  • time consuming to make compared to goods made using mass production -> therefore making the business slower to get products to the market, whist competitors are already selling and establishing brand loyalty
  • *prices higher-materials are more expensive-skilled workers command higher prices for their time and expertise *-> depending on levels of cmpetition/ price elasticity of demand for the product-could affect profitibility
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6
Q

what is batch production

A
  • involves manufactoring a limited number of identical products
  • at each stage of the production process work will be completed for the whole batch before the next stage is begun
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7
Q

(+) of batch production

A
  • lower unit costs and higher output than job production- greater price flexibility
  • faster- alot of it is made at once
  • allows for a more diverse product portfolio- business oppotunity to target fast growing markets
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8
Q

(-) of batch production

A
  • time is lost when machines have t be rest for new production- costing the business money and affecting the ability to meet orders
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9
Q

what is mass production

A
  • incolves production process on production lines
  • continous process-> product flows from one stage if production to the next- allowing identical products to be made in larage volumes
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10
Q

(+) of mass production

A

-faster than job/ batch production- shorter lead times keepig customers satsified and quicker entry to markets
- use of robotics- allow for greater quality products abd removal of human error-> helps reduce costs-less waste and allows business to charge higher prices

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11
Q

what will the type of production depend on

A
  • the product being produced-> if theres a high demand mass production will be the best. if theres not a high demand/product persoanlisation then job production wil be suited

-ability of money for investment-> if lots of money-can invest in mechines- best for mass/batch, job production cheapest

-technlogy-> if business is producing a niche product-technology isn’t approprate

-skill of labour-> job prodcution is difficult without specialised workers to add value

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