Scales of production Flashcards

1
Q

What’s vertical in house production also known as?

A

Vertical integration

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2
Q

what’s is one off production?

A

making a singular product

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3
Q

examples of one off production:

A

personalised products:
- tailored suits
- wedding cakes
- custom yacht

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4
Q

advantages of off production?

A

personalised to user
meets needs of a small market

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5
Q

disadvantages of one off production?

A

expensive
labour heavy
takes more time
difficult to produce

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6
Q

what is mass production?

A

large quantities of continuous production
- sequence of stages for manufacture

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7
Q

mass production examples:

A

cars
clothing
mobile phones
- things used daily

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8
Q

disadvantages of mass production:

A

high set up cost
loss of jobs- limited need bc of machinery
must be trained to use facilities

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9
Q

advantages of mass production:

A

high quality at high rates
high productivity

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10
Q

what is mass production also called?

A

line production

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