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Summary: Chapter 5
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1 Chapter 5
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What are the main features of job production?
Each product is made to satisfy the needs of each customer, no two products are exactly the same -
What are the advantages of job production?
Higher customer satisfaction, can charge higher prices -
What are the main features of batch production?
Groups of identical products are made, product can change between batches -
What are the advantages of batch production?
Unit costs are lower than job production, can change the product to fit demand -
What are the disadvantages of batch production?
Unable to customise that well, can take a while to switch the products between batches, might not sell all the products made in a batch -
Why is it good to be operationally efficient?
Can charge lower prices than competitors -
How can a business become more operationally efficient?
Use more efficient machinery, motivate workers, minimum wastage, effective management -
What are the advantages to using robots during manufacturing?
Quick, accurate, efficient, exact, don't need breaks, don't get hurt, don't get demotivated, reduce waste -
What are computerised stock-control programs?
Accurate records of goods in stock, goods arriving and goods sold -
What are the advantages to using computerised stock-control programs?
Automatic, saves time, fewer errors made, less labour needed
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