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production management defintion
Production management is the process of planning, organizing, directing, and controlling the production activities within an organization to ensure efficient use of resources and high-quality output.
production defintion
The process of creating goods or services through the combination of labor, materials, and equipment.
job production
is a production method where individual items are produced to meet specific customer requirements, often in small quantities.
what are the methods of production
The methods of production include job production, batch production, mass production, and continuous production, each tailored to varying outputs and efficiency needs.
what are examples of job production
Examples of job production include custom furniture making, bespoke tailoring, and individual artwork creation, where each item is uniquely crafted to meet specific client requests.
what is flow production
Flow production is a manufacturing process characterized by a linear sequence of operations where products move continuously through each stage of production, allowing for high efficiency and large-scale output.
what are example of flow production
Examples of flow production include automotive assembly lines, food processing in canneries, and clothing manufacturing, where products are mass-produced in a streamlined manner.
defintion of specialisation
Specialization is a production process where individuals or groups focus on a specific task or skill, leading to increased efficiency and expertise in that area.
defintion of technical economies of scale
Technical economies of scale refer to the cost advantages that a business experiences due to the scale of its operations, typically achieved through the use of specialized equipment and technology, leading to lower per-unit costs as production volume increases.
unit cost defintion
Unit cost refers to the total expense incurred to produce a single unit of a product, including direct materials, labor, and overhead costs. Understanding unit cost is crucial for pricing strategies and profitability analysis.
advantages of flow production
Flow production offers advantages such as reduced production time, lower labor costs, and increased consistency in product quality due to the continuous and efficient movement of goods through various stages of manufacturing.
disadvantages of flow production
Disadvantages of flow production include inflexibility in responding to changes in demand, high initial setup costs, and potential for significant disruption if any part of the production process fails.
advantages of job production
Advantages of job production include high customization, flexibility to meet specific customer needs, and the potential for higher prices due to the unique nature of each product.
disadvantages of jb production
Disadvantages of job production include higher labor costs, longer production times, and lower efficiency due to the customized nature of each product, making it less suitable for mass production.
effeiciency of a business depends on what factors
Efficiency of a business depends on factors such as the quality of human resources, technology utilization, production methods, and management effectiveness. These aspects significantly influence output levels and operational costs.
lean production defintion
Lean production is a systematic approach to minimizing waste and maximizing value in manufacturing processes, focusing on efficiency and continuous improvement.
waste defintion
Waste refers to any substance or activity that does not add value to a product or service, leading to unnecessary costs and resource consumption in the production process.
what are the forms of waste in a business
The forms of waste in a business include overproduction, waiting time, transportation, excess inventory, unnecessary motion, defects, and unused talent. Each type contributes to inefficiency and increased costs.
just in time production defintion
Just-in-time production is a strategy that aligns production and inventory with customer demand, aiming to reduce waste by receiving goods only as they are needed in the production process.
what does kaizen mean
Kaizen is a Japanese term meaning "continuous improvement." It refers to practices that seek to improve processes, efficiency, and quality within an organization through incremental changes.