5.1/ 5.2 Flashcards
added value:
the difference
between the cost of
purchasing raw materials and
the price the finished goods
are sold for
ecological sustainability:
ecosystems can keep working properly, support all their life forms, and stay healthy over a long time.
social sustainability:
the ability of a community
to develop processes and
structures which not only
meet the needs of its
current members but also
support the ability of future
generations to maintain a
healthy community
economic sustainability:
involves using the assets
of the company efficiently
to allow it to continue
functioning profitability
over time
job production/customised
production:
producing a one-off item specially
designed for each customer
batch production:
Group of identical products (Batch) pass through each stage together
flow/ mass production:
producing in a continually moving
production line – mass production of standardized products
mass production:
producing large quantities of a
standardised product
process production:
Continuous inputs of raw materials and other resources to produce continuous output
mass customisation:
Flow production of products with many standardised components but customized differences too
cell manufacturing/
production:
Team based production of components or complete products