F296 Business Brief overview of the course 1.0 / 5 based on 1 rating ? Business StudiesBusiness PlansA2/A-levelOCR Created by: EAPFHCreated on: 18-12-14 20:04 Business Production Relationship between Business Obj. and Production Planning Consider Production in relation to other factors Production function in relation to other departments Significance of Location in Industry Production Methods Significance of Size: Cost/Benefits of size/EoS/DEoS Specialisation and the Division of Labour A/D Planning and Controlling Gannt Charts and Imformation management 1 of 5 Constraint on Production Constraints imposed on production by the Enviroment Significance of resource management and optimising resource use Waste management; pollution management, green audits, opportunity cost Impact of Law; H+S in the workplace, vicarious liability, food safety, labelling Ethical Considerations 2 of 5 Cost and Costing Cost Classification Calculate and interprit; Fixed,variable, direct, indirect, marginal and average cost Opportunity and Social cost Costing Methods; Full, Absorption, contribution and standard Break even analysis; BEP/graph changes of CPU and revenue Margin of Safety A/D of Break even analysis Limitation of decision making 3 of 5 Productive Efficiency Define Production, Productivity Methods of improving productive efficiency Significance of Capacity utilisation Implication of operating at different levels Stock control; stock holding graphically represent Relationahip between Production and stock control Quality control; Benchmarking/TQM/value analysis 4 of 5 Technology Technology in Production Impact on Production methods Benefits and drawbacks of new technology Robotics, automation, CAD, CA Research and Development 5 of 5
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