5b-production Flashcards

1
Q

Q: What is production?

A

A: Production is the process of converting raw materials into finished goods or services.

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2
Q

Q: Why is production important for businesses?
3

A

Ensures sufficient supply of goods/services to meet demand.

Helps businesses maximize efficiency and profitability.

Affects cost control, pricing, and customer satisfaction.

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3
Q

Q: What are the three main types of production?

A

Job Production

Batch Production

Flow Production (Mass Production)

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4
Q

Job Production:

A

Job Production: Producing unique, one-off items.

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5
Q

Batch Production:

A

Batch Production: Producing goods in groups/batches.

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6
Q

Flow Production (Mass Production):

A

Flow Production (Mass Production): Continuous production on an assembly line.

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7
Q

What are the advantages and disadvantages of
Job production

A

Job Production:

Advantages: High-quality, customizable products.

Disadvantages: Expensive, slow production.

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8
Q

What are the advantages and disadvantages of
Batch production

A

Batch Production:

Advantages: More efficient than job production, lower costs.

Disadvantages: Downtime between batches, storage costs.

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9
Q

What are the advantages and disadvantages of
Flow production

A

Flow Production:

Advantages: High output, low unit cost.

Disadvantages: High setup costs, repetitive for workers.

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10
Q

Q: What is productivity?

A

A: Productivity measures output per worker or machine per unit of time.

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11
Q

Q: How can businesses improve productivity?

4

A

Investing in automation and technology.

Training employees for better efficiency.

Improving workplace organization.

Using lean production techniques to reduce waste.

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12
Q

Q: What is efficiency?

A

A: Efficiency is producing goods using the least amount of resources while maintaining quality.

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13
Q

Q: What is lean production?

A

A: Lean production is a strategy that minimizes waste and maximizes efficiency.

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14
Q

Q: What are key lean production techniques?

A

A

Just-in-Time (JIT):

Kaizen (Continuous Improvement):

Cell Production:

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15
Q

Just-in-Time (JIT)

A

Just-in-Time (JIT): Ordering materials only when needed.

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16
Q

Kaizen (Continuous Improvement)

A

Kaizen (Continuous Improvement): Employees suggest process improvements.

17
Q

Cell Production:

A

Cell Production: Work is divided into teams to increase efficiency.

18
Q

Q: What are the advantages and disadvantages of Just-in-Time (JIT)?

A:

A

Advantages: Reduces storage costs, increases efficiency.

Disadvantages: No buffer stock, risk of supply chain disruptions.

19
Q

examiners tips:
✅ Use examples in your answers.

A

✅ Use examples in your answers. Reference real-world businesses that use different production methods.

20
Q

examiners tips:
✅ Show understanding of key terms

A

✅ Show understanding of key terms. Define terms like JIT, Kaizen, and lean production clearly.

21
Q

Examiners tips:
✅ Compare methods in evaluation questions.

A

✅ Compare methods in evaluation questions. Discuss both pros and cons before reaching a conclusion.

22
Q

Examiners tips:
✅ Use data and calculations.

A

✅ Use data and calculations. If given figures, show workings for productivity or cost efficiency.

23
Q

Examiners tips:
✅ Link back to business objectives.

A

✅ Link back to business objectives. Explain how operations impact profitability, customer satisfaction, and competitiveness.