3.1 - Production Processes Flashcards
Production Management
Refers to all the activities in managing the transformation process
Production
Is the changing inputs such as labour services into goods and services that can be sold
Job Production
Is a method of production in which a product is supplied to meet the exact rewuirements of a customer
Flow Production
Occurs when an item moves continuously from one stage of the process to another
Specialisaton
Occurs when individuals focus on a limited number of tasks
Lean Production
Is an approach to production that aims to minimise waste
Just-in-time Producton (JIT)
Holds as little stock as possible. Items are ordered just in time to be used.
Kaize
Continuous improvement. An approach to production that aims to achieve change from a series of small steps