2.4 Flashcards

1
Q

methods of production

A
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2
Q

labour intensive and capital intensive

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3
Q

productivity

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4
Q

labour productivity

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5
Q

improving productivity

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6
Q

difficulties in increasing labour productivity

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7
Q

efficiency

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8
Q

improving efficiency benefits

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9
Q

waste

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10
Q

capacity utilisation

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11
Q

under and over capacity utilisation

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12
Q

changing CU

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13
Q

Inventory

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14
Q

inventory control chart

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15
Q

cost of poor stock management

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16
Q

waste minimilsation

A
17
Q

lean production

A
18
Q

JIT

A
19
Q

quality

A

features of a product that allow it to satisfy customers’ needs, it may refer to some standard of excellence

20
Q

methods of achieving quality

A
21
Q

quality assurance and quality control

A
22
Q

difficulties and consequences of poor quality

A
23
Q

what can a company implement to maintain improve quality

A

TQM
quality circles
quality and comp adv
kaizen

24
Q

TQM

A