Production Flashcards
what is production
creating goods or services
what are the three ways production methods
job production, batch production, flow production
what is job production
items are made individually and each item is finished before the next
what is batch production
groups of items are made together and each batch if finished before the next
what is flow production
identical, standardised items are produced on an assembly line
what is a benefit of job production
Each item meets each customer’s specific needs
what is a benefit of batch production
Used to meet group orders
what is a benefit of flow production
Used to mass produce
what is efficeincy
About making the best possible use of resources
what three things does staff productivity depend on
skills, quality of machines available, effective management
what three things does productivity depend on
training, investment in equipment, better management of staff
what four other ways a business can cut costs
reducing overheads, relocation, improving management, redesigning products
what is economies of scale
cost advantage of a business growing
what is dis-economies of scale
`when expanding firms costs start to increase
what two ways can you check quality
quality control, quality assurance
what is quality control
finished products are checked by inspectors to see if they meet the required standard
what is quality assurance
staff check the quality of the product after every stage
what three ways can you improve customer service
training, innovation, listening
what is stock
any item stored by a business for use in production
what are the two methods of stock control
just in case, just in time
what is just in case stock control
You keep a buffer stock and when you reach re-order level you order new stock
what is just in time stock control
Business holds no stock and relies upon deliveries to arrive when needed
