5.1/ 5.2 Flashcards

1
Q

added value:

A

the difference
between the cost of
purchasing raw materials and
the price the finished goods
are sold for

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2
Q

ecological sustainability:

A

ecosystems can keep working properly, support all their life forms, and stay healthy over a long time.

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3
Q

social sustainability:

A

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

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4
Q

economic sustainability:

A

involves using the assets
of the company efficiently
to allow it to continue
functioning profitability
over time

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5
Q

job production/customised
production:

A

producing a one-off item specially
designed for each customer

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6
Q

batch production:

A

Group of identical products (Batch) pass through each stage together

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7
Q

flow/ mass production:

A

producing in a continually moving
production line – mass production of standardized products

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8
Q

mass production:

A

producing large quantities of a
standardised product

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9
Q

process production:

A

Continuous inputs of raw materials and other resources to produce continuous output

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10
Q

mass customisation:

A

Flow production of products with many standardised components but customized differences too

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11
Q

cell manufacturing/
production:

A

Team based production of components or complete products

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