3. Business Operations Flashcards
1
Q
Job Production
A
Producing one product at a time, often tailored to customer needs.
2
Q
Batch Production
A
Producing a group of items together.
3
Q
Flow Production
A
Continuous production of standardized products on an assembly line.
4
Q
Just in Time (JIT)
A
A stock management system where materials are delivered only when needed.
5
Q
Quality Assurance
A
A process that ensures production quality meets customer requirements.
6
Q
Productivity
A
The output per worker over a period.
7
Q
Give the formula for:
Productivity
A
Output ÷ Number of Workers
8
Q
Give the formula for:
Capacity Utilization (%)
A
(Actual Output ÷ Maximum Possible Output) × 100
