unit 3.1 (quizlet version) Flashcards

1
Q

job production

A

unique products that meet the exact requirements of the customer

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

lean production

A

minimising waste when making products

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

flow production

A

products moving continously along a production line

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

efficiency

A

how well a business uses its resources to produce

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

just in time

A

ordering stock just before it is needed

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

specialisation

A

The production of a limited range of goods by individuals, firms, regions or countries.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

kaizen

A

Continuous improvement that involves all employees

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

examples of lean production

A

JIT and kaizen

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

just in case

A

Holding extra stock in case demand of product increases

How well did you know this?
1
Not at all
2
3
4
5
Perfectly