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Production Methods
Job Production
· When the product is made individually
Advantages
· Unique product
· Personal service
Disadvantages
· Expensive production
· Requires skill and training…read more

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Batch Production
· Making similar/identical items in batches
Advantages
· Gives variety
· Employees become skilled in their area
· Lower costs ­economies of scale
Disadvantages
· Changing batch is expensive
· Need to store products
· Employees become bored…read more

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Improving Efficiency
· Improves if they can produce larger output with
less/same resources
· Measures:
· Average costs = total cost
· quantity
· When av. Cost falls business is more efficient
· Productivity ­measures output per...
Worker/hour
· Higher productivity = more efficient…read more

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Cause of Efficiency
· Training
· Technology
Benefits of Efficiency
· Lower costs
· Lower prices…read more

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Technology and Efficiency
Printers/ computers:
· Produce ads/leaflets
· Cheap
· Easy
· Quick
· Professional…read more

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