Unit 37 - Production, Productivity And Efficiency Flashcards
Batch production
A method that involves completing one operation at a time on all units before performing the next
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 a factory
Division of labour
Specialisation of specific tasks or skills by an individual
Downsizing
The process of reducing capacity usually by laying of staff
Efficiency
Producing a level of output where average cost is minimised
Flow production
Large scale production of a standard product where each operation of a unit is performed continuously one after the other usually on a production line
Job production
A method of production that involves employing all factors to complete one unit of output at a time
Kaizen
Japanese term that means continuous improvement
Labour intensive
Production method that makes more use of labour relative to machinery
Labour productivity
The amount of output it each unit of labour produces
Lean production
An approach to operations that focuses on the reduction of resource use
Outsourcing
Giving work to subcontractors to reduce costs
Production
The transformation of resources into goods or services
Productivity
The output per unit of input per time period
Specialisation
In business, the production of a limited range of goods
Standardisation
Using uniform resources and activities or producing a uniform product
