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Business A-level > Operations : Content > Flashcards

Operations : Content Flashcards

1
Q

What is Job production ?

A

Producing as and when an order is placed
Bespoke products

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2
Q

What is flow production ?

A

Uses an assembly line
Little variety in each product

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3
Q

What is JIT ?

A

Producing when an order is placed

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4
Q

What is JIC ?

A

Producing excess stock and keeping it in storage

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5
Q

What is kaizen ?

A

Constantly making small changes to improve efficiency

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6
Q

What is TQM ?

A

From Senior management to shop floor, everything focuses on quality

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7
Q

What is Quality Assurance ?

A

Checking the product at each stage of the production process

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8
Q

What is Quality Control ?

A

A member of staff is dedicated to checking the quality of products at the end of the assembly process

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9
Q

What is Lean Production ?

A

Keeping no excess materials or stock, ordering parts when necessary

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10
Q

What is Mass customisation ?

A

Custom products still produced in the flow production method, limited customisation options

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11
Q

What is Procurement ?

A

The process of choosing the correct supplier

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12
Q

Define supply chain ?

A

All the places the product goes to before it reaches the shelves

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13
Q

Define logistics ?

A

The transportation of the good from place to place

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14
Q

Advantages of JIT ?

A

Less waste
Lower warehouse cost
More customisation available

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15
Q

Disadvantages of JIT

A

Responds poorly to change in demand
Reliant on suppliers
Risk of delays

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16
Q

Advantages of JIC

A

Responds well to demand
Economies of scale
Much less risky

17
Q

Disadvantages of JIC

A

Higher warehouse costs
More waste
Risk of inventory becoming obselete

18
Q

What is outsourcing ?

A

Choosing to have another factory elsewhere produce your items

19
Q

Advantages of outsourcing ?

A

Lower factory costs
Lower cost per unit
More specialized to the task

20
Q

Disadvantages of outsourcing ?

A

Lead times
Shipping costs
Unaware of the processes

21
Q

What is inventory ?

A

The amount of stock the business is currently holding

Business A-level (7 decks)

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