3.1 Production Flashcards
What are the two methods of production?
Job production
Flow production
When would job production occur?
When a business produces products that meet the specific Requirements of the customer
What are some examples of job production?
Making custom clothes
What are some advantages of job production?
May be able to charge a higher price
Products would be high quality
What are some disadvantages of job production?
Expensive to produce
Employees need to be skilled
Could be Very time consuming
What is flow production?
When a business makes large numbers of identical products
What are some examples of flow production?
Making chocolate bars
What are some advantages of flow production?
Produce large quantities can reduce the cost per unit
What are some disadvantages of flow production?
High initial machinery costs
Employees can become demotivated as machines are doing the work
How can efficiency be measured in a business?
Using cost per unit
What does efficiency or a business depend on?
Employee motivation
How products are made
Technology
What is one way a business can become more eficient during production?
Through lean production
What is lean production?
Reducing waste during the productions process
What are the two key lean production techniques?
Kaisen production
Just-in-time production
What is kaizen production?
Kaizen means continuous improvement where employees can suggest ways the business can improve