production methods and break - even analysis

job/customization

production of a one-off project built to specific customer or industry specifications.

job/customization advantages

Highly motivated workers, Flexibility in the design and specifications of the product are possible.

job/customization disadvantages

Labour intensive and therefore expensive​, Time consuming due to the varying and specific design requirements.

batch production

Items are produced in batches and undergo a part of the production process together

batch production advantages

Products can still be tailored at relatively low cost, Economies of scale from machinery producing larger quantities.

batch production disadvantages

Storage costs are high since there is a lot of work in progress, High production costs from using equipment and machinery.​

Mass/flow production

manufacturing of large amounts of a standardized product.​

Mass/flow production advantages

Large scale output, Economies of scale through capital intensive methods.

Mass/flow production disadvantages

Low levels of motivation due to boring repetitive work, Breakdowns will cause major delays.​

mass customization

large-scale production based on mass production, with production quantities in the millions

mass customization advantages

allows for some flexibility and personalization of products which is not available to mass production

mass customization disadvantages

time-consuming and costly to design and implement