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Grade 10 business @ Cedar House > Production management > Flashcards

Production management Flashcards

1
Q

What is the purpose of the production function?

A

They use the input resources bought by the purchasing function yo transform these resources into goods/services based on the needs/wants of the market.

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2
Q

List the factors of production.

A
  • Land / raw materials (all materials used)
  • Capital (includes all capital)
  • Entrepreneurship (opportunities identified to combine the resources_
  • Labour (human capital)
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3
Q

What are the long term decisions/tasks that the production management is in charge of?

A
  1. Choosing the factory premises.
  2. Factory layout
  3. Deciding on a production system.
  4. The selection and design of a product (product specification)
  5. Obtaining the required equipment.
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4
Q

What are the medium term decisions/tasks that the production management is in charge of?

A
  1. Determining the production budget.
  2. Determining the production quantities.
  3. Materials management (stock control).
  4. Safety measures.
  5. Maintenance.
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5
Q

What are the short term decisions/tasks that the production management is in charge of?

A
  1. The work plan
  2. The implementation of quality control.
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6
Q

Give detail on the long term task/decision 1. Choosing the factory premises

A

Various location elements must be considered:
- availibility of services, transport and labour & skills.
- proximity to the resource vs the market
- integration with business “partners”
- special grants
- site costs
- regional regulations

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7
Q

Give detail on the long term task/decision 2. Factory layout

A

Criteria for a factory layout are:
coordination (easy flow input -> output)

flexibility (can it be easily changed?)

distance (how far do labour and resources have to travel? longer distance= higher costs)

handling (kept to a minimum to reduce damage)

best use of space (e.g stacking clothes)

visibility (clearly visible to avoid injuries/accidents)

safety (all risks must be considered ti ensure all employees are safe)

limit discomfort (avoidance of poor lighting, excessive heat/noise/smells).

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8
Q

Give detail on the long term task/decision 3. Deciding on a production system

A

There are 4 production systems:

MASS PRODUCTION
When standardised products are produced in large quantities. (e.g. t-shirts)

BATCH PRODUCTION
Large quantities of similar products are made in batches - is a combo of mass production and jobbing. (e.g ‘Friends’ merch @ PnP clothing)

JOBBING PRODUCTION
Individualised products (e.g. wedding dress)

COMBINATION PRODUCTION
A combo of all of previous 3. (e.g. Crocs - mass produced but also customisable etc etc)

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9
Q

Give detail on the long term task/decision 4. The selection and design of the product (design specification)

A

Important in order to ensure that:
- Suppliers know what type and quality material are required.
- Easier to manage the control of delivery.
- Employees know expectations when producing.
- Less wastage, better productivity and more profits.
- Customer knows what quality can be expected.

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10
Q

Give detail on the long term task/decision 5. Obtaining the required equipment.

A

Decisions on which machines to buy depend on:
- production systems and rate of production
- price
- availability (e.g. Germany & Japan good machine suppliers)
- machine lifespan
- resale value (deprecating value?)
- training on machine

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11
Q

Give detail on the medium term task/decision 1. Determining the production budget

A

To be considered:
- Costs of buildings
- Cost of factory layout
- Cost of raw materials
- Wages of workers / employees

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12
Q

Give detail on the medium term task/decision 2. Determining the production quantities

A

Determined by:
- Capital investment needed for equipment (especially in mass production)
- Level of standardisation (e.g. mass production of t-shirts)
- Nature of the product (e.g a wedding dress vs a mickey mouse crop top)

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13
Q

What does ‘standardised’ mean in the context of production management?

A

Consistency in quality.

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14
Q

Give detail on the medium term task/decision 3. Materials management (stock control)

A
  • Ensures right stock available at right time/place/quantity
  • Production manager has to monitor supply chain
  • Determines stock levels; min stock levels before new order is placed and ensuring that the max levels are not exceeded.
  • Stock control systems (EPOSSE and JIT)
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15
Q

What does ‘EPOSSE’ stand for

A

Electronic point of sale scanning equipment

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16
Q

What does ‘JIT’ stand for

A

Just In Time (a method to ensure correct stock levels)

17
Q

Give detail on the medium term task/decision 4. Safety measures

A

Ensures employee safety by:
- Skills training (safety officer employees)
- Employee orientation (fire drills)
- Audit and investigation techniques

18
Q

Give detail on the medium term task/decision 5. Maintenance

A

Benefits of maintenance are:
- improved safety
- increased lifespan of equipment
- reliability of production
- lower operation costs

19
Q

What are the three types of maintenance?

A

Corrective, preventative and conditional.

20
Q

Match the following description to an appropriate business term:

‘Opportunities identified using these factors of production in order to make a profit.’

A

Entrepreneurship

21
Q

Match the following description to an appropriate business term:

‘Tasks of the production function include: Input, _______, output and acceptance.

A

Transformation

22
Q

Match the following description to an appropriate business term:

‘Standardised products are produced in large quantity.’

A

Mass production

23
Q

Match the following description to an appropriate business term:

‘Manufacturing muffins would use _____ production.’

A

Batch

24
Q

Match the following description to an appropriate business term:

‘Building a house is an example of ______ production.’

A

Jobbing

25
Q

Match the following description to an appropriate business term:

‘Machines designed and built according to specific business requirements.’

A

Specialised

26
Q

Match the following description to an appropriate business term:

‘An Act that regulates safety measures in the work place.’

A

OHSA - occupational health & safety act

27
Q

Match the following description to an appropriate business term:

‘______ purpose machines are used in mass production.’

A

Single

28
Q

Match the following description to an appropriate business term:

‘_____ purpose machines are used with jobbing.’

A

Multi

29
Q

Match the following description to an appropriate business term:

‘Remedial or _____ machine maintenance.’

A

Corrective

Grade 10 business @ Cedar House (8 decks)

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