Production process Flashcards
What is production (operations) management?
All the activities in managing the transformation process.
What is production?
Production takes inputs and turns them into outputs and delivers these to the customer.
Four methods of prduction
Lean production
Batch production
Flow production
Job production
Job Production
Supplying a product to meet the exact requirements of the customer.
Batch Production
Larger scale production of similar items (batches).
Flow Production
Occurs when an item moves continuously from one stage of the process to another.
Lean Production
An approach to production that aims to minimise waste.
Just in time (JIT)- items are ordered when they’re needed to be used.
Kaizen - continuous improvement to achieve change from small steps
What are the different forms of waste in a business?
Production > demand items thrown away
Time
Faulty products
Holding stock
How can one business be more efficient than another?
Machinery/technology - expensive to purchase
Motivated workers
Minimum waste
Specialisation
What is efficiency?
How well a business is using its resources to produce
If a business uses a lot of inputs compared to a business which uses less to produce the same level of output then they would be inefficient and vice versa
Calculated by looking at unit costs