| What exactly is the Role of Production? | -Its to turn Raw Materials into Finished Good and Service. This is Business. |
| 3 Stages in the Production Process? | -Inputs [Raw Materials]
-Transformation [Production]
-Outputs [Product] |
| What is Job Production? | -This is a Method of Production
-This is a Product, that exactly fits the Customer Specifics [Needs]
-Cake and Expensive Clothing shops can be an Example |
| Advantages of Job Production? | -Products have High Quality usually
-Products made to fit the Exact needs of the Customer
-High Prices can be fixed
-Bigger Job Satisfaction as Workers are involved in All the Stages of the Production
-Can easily Differentiate from Rivals |
| Disadvantages of Job Production? | -Unit costs are the Highest here
-Very Labour Intensive. Automation is very Limited
-Needs very skilled Employees, so that means Higher Wages and Training costs |
| What is Batch Production? | -Method of Production
-Making a Group of Identical Products in 1 go
-Does 1 Group at a time, then moves on to the Next
-Products made via Batch Production, will be somewhat Similar, but might have different Style, Size of Colour
-Shoes and Bread can be an Example |
| Advantages of Batch Production? | -A Range of Products made to fit Customer Needs
-Lower Unit costs, than that of the Job Production, as you can make more than 1 Product
-Automation can Rapidly increase Output; more Efficient than Job Production
-Consistent Quality |
| Disadvantages of Batch Production? | -Can be De motivating for Staff; Repeating same Tasks
-Cash flow impacted due to needing Stocks of Raw Materials
-Time lost due to Switching Batches, or Breakdowns in Machines. This can equal a Loss in Production |
| What is Flow Production? | -Method of Production
-Is a Continuous flow of Production.
-This can use Production Lines to make its Products. Simply means it Produces on a Large Scale
-CocaCola and Pepsi are two Examples |
| Advantages of Flow Production? | -Production can be on a Larger Scale
-Less Labour is needed than Job and Batch Production
-Workers could Specialise; more Efficient
-24/7 Production can be Reached
-Always have a Consistent Quality
-Lowest Unit Costs |
| Disadvantages of Flow Production? | -Machinery use can have Inflexible Production
-Jobs are very Repetitive; lowers Staff Motivation
-Start up Purchase is Very Expensive
-Breakdowns can lead to Massive Expense
-Not many Skills needed, Staff Retention is Low
-Products could be to Similar to Rivals, so the Price is more Weighted |
| What does Productivity really mean? | -This is done by the amount of Output Made, for the Number of Employees.
-Compares the Number of Workers with the Output of the Business [Example]
-Businesses want this to be as High as Possible |
| How can Productivity Improve? | -Get the Right staff needed
-Train Staff constantly, make sure they are as Efficient as Possible
-Motivate the Staff using Financial and Non-Financial Methods
-Get the Latest Machinery to help the Speed of Employees
-Get Automation instead of Humans
-Make sure the Working Practices are up to Date |
