Production processes (OCR GCSE Business): Flashcards
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Practise the cards
15 cards from this deck
Three methods of production
Three methods of production
Job, Batch, Flow
Job production definition
Job production definition
Specialised items produced to meet customers' needs
Job production price advantage
Job production price advantage
Can command higher price from customers
Job production cost disadvantage
Job production cost disadvantage
Higher cost per unit
Batch production definition
Batch production definition
Similar items produced together
Batch production cost benefit
Batch production cost benefit
Economies of scale, lower cost per unit
Batch production switching issue
Batch production switching issue
Takes time to switch machines, opportunity cost
Flow production definition
Flow production definition
Continuous movement of items on assembly line
Flow production system type
Flow production system type
Capital-intensive system
Flow production scale benefit
Flow production scale benefit
Mass production, economies of scale
Three types of production technology
Three types of production technology
Automation, robotics, computers
Automation definition
Automation definition
Machinery completes repetitive tasks
Technology time advantage
Technology time advantage
Machines can work 24/7, never need time off
Technology accuracy benefit
Technology accuracy benefit
More accurate than humans, reduces wastage
Technology breakdown disadvantage
Technology breakdown disadvantage
Machines can break down, disrupting production