5b-production Flashcards
Q: What is production?
A: Production is the process of converting raw materials into finished goods or services.
Q: Why is production important for businesses?
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Ensures sufficient supply of goods/services to meet demand.
Helps businesses maximize efficiency and profitability.
Affects cost control, pricing, and customer satisfaction.
Q: What are the three main types of production?
Job Production
Batch Production
Flow Production (Mass Production)
Job Production:
Job Production: Producing unique, one-off items.
Batch Production:
Batch Production: Producing goods in groups/batches.
Flow Production (Mass Production):
Flow Production (Mass Production): Continuous production on an assembly line.
What are the advantages and disadvantages of
Job production
Job Production:
Advantages: High-quality, customizable products.
Disadvantages: Expensive, slow production.
What are the advantages and disadvantages of
Batch production
Batch Production:
Advantages: More efficient than job production, lower costs.
Disadvantages: Downtime between batches, storage costs.
What are the advantages and disadvantages of
Flow production
Flow Production:
Advantages: High output, low unit cost.
Disadvantages: High setup costs, repetitive for workers.
Q: What is productivity?
A: Productivity measures output per worker or machine per unit of time.
Q: How can businesses improve productivity?
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Investing in automation and technology.
Training employees for better efficiency.
Improving workplace organization.
Using lean production techniques to reduce waste.
Q: What is efficiency?
A: Efficiency is producing goods using the least amount of resources while maintaining quality.
Q: What is lean production?
A: Lean production is a strategy that minimizes waste and maximizes efficiency.
Q: What are key lean production techniques?
A
Just-in-Time (JIT):
Kaizen (Continuous Improvement):
Cell Production:
Just-in-Time (JIT)
Just-in-Time (JIT): Ordering materials only when needed.
Kaizen (Continuous Improvement)
Kaizen (Continuous Improvement): Employees suggest process improvements.
Cell Production:
Cell Production: Work is divided into teams to increase efficiency.
Q: What are the advantages and disadvantages of Just-in-Time (JIT)?
A:
Advantages: Reduces storage costs, increases efficiency.
Disadvantages: No buffer stock, risk of supply chain disruptions.
examiners tips:
✅ Use examples in your answers.
✅ Use examples in your answers. Reference real-world businesses that use different production methods.
examiners tips:
✅ Show understanding of key terms
✅ Show understanding of key terms. Define terms like JIT, Kaizen, and lean production clearly.
Examiners tips:
✅ Compare methods in evaluation questions.
✅ Compare methods in evaluation questions. Discuss both pros and cons before reaching a conclusion.
Examiners tips:
✅ Use data and calculations.
✅ Use data and calculations. If given figures, show workings for productivity or cost efficiency.
Examiners tips:
✅ Link back to business objectives.
✅ Link back to business objectives. Explain how operations impact profitability, customer satisfaction, and competitiveness.