INDUSTRIAL ECOLOGY_LESSON 2 (PRODUCTION SYSTEM) Flashcards

1
Q

What is production?

A

It is a method employed for making or providing essential goods and services for consumers.

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2
Q

What are the three main components of a production system?

A

INPUT – CONVERSION PROCESS – OUTPUT

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3
Q

What is included in the input of a production system?

A

These are the raw materials, man, capital, energy, and information.

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4
Q

What is included in the output of a production system?

A

These are the finished products, services.

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5
Q

What does the conversion process involve?

A

It includes operation (either manual, mechanical or chemical).

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6
Q

What are the supporting activities in the conversion process?

A

PRODUCTION PLANNING AND CONTROL, PURCHASE OF RAW MATERIALS, INSPECTION OF PARTS AND WORK-IN-PROGRESS, TESTING OF PRODUCTS, QUALITY CONTROL.

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7
Q

What are the factors of production?

A

NATURE (FORMER LAND), LABOR, CAPITAL, ENTERPRISE.

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8
Q

What is the significance of nature in production?

A

It is impossible to carry out production without land, water, and other resources.

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9
Q

What is the role of labor in production?

A

Human efforts is a necessary factor for production.

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10
Q

What is capital in the context of production?

A

Generally, refers to Money.

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11
Q

What is not considered a factor of production?

A

MONEY.

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12
Q

What are the two types of capital?

A

PRIVATE AND PERSONAL.

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13
Q

What is enterprise in production?

A

The activity that combines all the other factors of production into a product or service for consumer market.

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14
Q

What are the four types of production systems?

A

UNIT OR JOB PRODUCTION, BATCH PRODUCTION, MASS PRODUCTION, CONTINUOUS OR PROCESS PRODUCTION.

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15
Q

What is unit or job production?

A

Most commonly observed when you need to produce one single unit of a product at a time.

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16
Q

What are the advantages of unit/job production?

A

PRODUCT IS USUALLY HIGH QUALITY, PRODUCER MEETS INDIVIDUAL CONSUMERS NEEDS, GREATER JOB SATISFACTION – INVOLVED IN ALL STAGES OF PRODUCTION.

17
Q

What are the disadvantages of unit/job production?

A

COST OF PRODUCING ONE UNIT OR JOB IS HIGHER, LABOUR INTENSIVE, REQUIRES INVESTMENT IN SKILLS AND TRAINING.

18
Q

What is batch production?

A

Most commonly used in consumer durables and Fast-moving consumer goods (FMCG).

19
Q

What are the advantages of batch production?

A

MAKING IN BATCHES REDUCES UNIT COSTS, IT CAN STILL ADDRESS SPECIFIC CONSUMER NEEDS (SIZE, WEIGHT, STYLE ETC.), USE OF SPECIALIST MACHINERY & SKILLS CAN INCREASE OUTPUT AND PRODUCTIVITY.

20
Q

What are the disadvantages of batch production?

A

TIME LOST SWITCHING BETWEEN BATCHES, MACHINERY MAY NEED TO BE RESET, NEED TO KEEP STOCKS OF RAW MATERIALS.

21
Q

What is mass production?

A

Also known as Flow production or assembly line production.

22
Q

What are the advantages of mass production?

A

LABOR COSTS ARE USUALLY LOWER, MATERIALS CAN BE PURCHASED IN LARGE QUANTITIES SO THEY ARE OFTEN CHEAPER, LARGE NUMBER GOODS ARE PRODUCED.

23
Q

What are the disadvantages of mass production?

A

MACHINERY IS VERY EXPENSIVE TO BUY SO PRODUCTION LINES ARE VERY EXPENSIVE TO SET UP, NOT VERY FLEXIBLE AS A PRODUCTION LINE IS DIFFICULT TO ADAPT, IF ONE PART OF THE LINE BREAKS THE ENRIRE PRODUCTION LINE WILL BE AFFECTED UNTIL IT IS REPAIRED

24
Q

What differentiates mass production from continuous production?

A

AMOUNT OF MECHANICAL WORK INVOLVED.

25
Q

What are the advantages of continuous production?

A

PROCESS CAN NORMALLY BE AUTOMATED WHICH REDUCES UNIT COSTS, LARGE QUANTITIES CAN BE PRODUCED, IDEAL FOR PRODUCTS WHICH HAVE TO BE OF A CONSISTENT QUALITY.

26
Q

What are the disadvantages of continuous production?

A

HEAVY INVESTMENT REQUIRED IN PROCESS DESIGN AND PRODUCTION EQUIPMENT, DIFFICULT AND DISRUPTIVE IF THE PRODUCTION PROCESS HAS TO BE STOPPED, LITTLE OPPORTUNITY TO MAKE DIFFERENT VERSIONS OF THE PRODUCT.