Production flash cards
Batch production
A method that involves completing one operation at the time
Capital intensive
Production methods that make more use of machinery relative to labour
Capital productivity
The amount of output each unit of capital produces
Cell production
Involves producing a family of products in a small self-contained unit within the factory
Divisions of labour
Specialisation in specific tasks or skills by an individual
Downsizing
The process of reducing capacity usually by laying off staff
Efficiency
Producing a level of output where average cost is minimised
Flow production
Large scale production of a standard product. Operations on a unit are performed continuously one after the other
Job production
A method of production that involves employing all factors to complete one unit of output at a time
Kaizen
A Japanese term that means continuous improvement
Labour intensive
Production methods that make more use of labour relative to machinery
Labour productivity
The amount of output each unit of labour produces
Lean production
An approach to operations that focuses on the reduction of resources used
Outsourcing
Giving work to subcontractors to reduce costs
Production
The transformation of resources into goods or services
