Business Studies Chap 11 Flashcards
The production function
Explain the role of the production function
-Involves the process by which raw materials are transformed into goods of high quality to meet the demands of customers
-To ensure that this process is effective and efficient, businesses need a good production management system
Define production planning
-Setting the goals for the production department, and developing the policies and programs to achieve these goals
-Organizing resources to maximize workplace efficiency, to decrease cost and time, and to increase output
Name the aspects to consider during production planning
Planning
Routing
Scheduling
Loading
-Planning
-Is planning each aspect of the whole process
-This process will include the layout of the factory to suit the production system
-It will determine the flow of materials to optimize the process
-Routing
-Involves the planning of the sequence in which the operation will take place.
-What quality and type of raw materials will be used?
- What is the cost analysis of the whole process
-Scheduling
-Involves the timing of the production process. It will also prioritize certain jobs and determine which jobs need to be completed before the next one can start
-Loading
-Involves the allocation of every person to a specific task and/or machine. It is linked to the output required to fulfil orders, and the prevention of overloading employees and machines
Discuss the advantages of production planning
-Planning allows businesses to ensure that every machine and worker is used to their full capacity and not left with nothing to do
-Planning reduces wastage and unnecessary storage costs
-A business can ensure that it has the correct amount of supplies and stock at a given time
Define the production control
-Will control each individual task and action during the production process.
-It will also establish the starting and finishing of each task
Outline the aspects to consider during production control
-Dispatch
-Inspection
-Follow up
-Corrective action
-Dispatch
-This stage of the process involves issuing production orders to start production. It converts planning into action
Dispatch will provide orders for: checking the flow of work according to the routing
-supervising the whole process
-Inspection
-Involves checking the quality of the process and the final product. It can be done at regular interv during the production process
-Viewing of products
-sampling and testing of products
-Follow up
During the follow-up process, the business makes sure the scheduling and production systems are running according to plan
-unplanned issues or problems
-indicating whether the activities are happening as planned
-Corrective action
Involve any adjustment to the planning process
-service and repair of machines
-training of workers and sorting out other staff issues
Explain the reasons for businesses to manage safety in the workplace
-The publicity of workplace accidents will negatively impact a business’ image
-Regular or serious workplace accidents may even cause investors to withdraw their money and invest it in another company
-Employees may lose confidence in the business and leave it to join safer companies