Operations

?
Define the term Production
The stages a product goes through to become a final product
1 of 18
What is a. Input, b. Process and c. Output
a. Resources used in production eg. staff, machinery. b. changing resources to make the good. c. the final good/service available for sale
2 of 18
Name the 4 factors of production
Land, Labour, Capital, Enterprise
3 of 18
What factor of production is improved by the intervention of man
Land
4 of 18
How is Labour improved
By sending staff on training courses
5 of 18
Define the term Capital
mam made items used in production such as premises and machinery
6 of 18
What Factor is seen as the most improtant
Enterprise because it brings together the other 3 factors
7 of 18
What 4 things dose the quantity bought depend on
amount currently available, budget, usage and potential demand
8 of 18
what 4 things does the supplier chosen depend on
price and any discounts, delivery charges, quality and reliability
9 of 18
why is choosing the correct purchasing mix important fro a business
to ensure costs are controlled and maximum profits can be made
10 of 18
when is capital intensive production used
when labour is expensive, a standard product is made and if high amount of output is needed
11 of 18
when is labour intensive production used
when there is a low average wage, craftsmanship is needed and if few consumers buy the product
12 of 18
state 2 advantages and 2 disadvantages to capital intensive production
Advantages: easy to check product quality, reduced costs, machines can work 24/7. Disadvantages: huge financial investment needed, product can't be changed, breakdowns halt production
13 of 18
state 2 advantages and 2 disadvantages to Labour intensive production
Advantages: changes can be made during production, skilled workers produce good quality, motivated staff due to variety in tasks. Disadvantages: high wages for skilled workers, variety of tools needed, time consuming
14 of 18
What is automation
replacing workers with machinery
15 of 18
give 4 reasons of how quality can be improved
use machinery, use good quality raw materials,, service machinery regularly, train staff, seek staff suggestions
16 of 18
why is quality improtant
It improves reputation of a business, consumers will buy more as they are loyal to the business, coasts are reduced because fewer mistakes are made
17 of 18
what does the operations manager have to decide
what to produce, quantity to produce, how to produce, which supplier to choose, how to ensure quality
18 of 18

Other cards in this set

Card 2

Front

What is a. Input, b. Process and c. Output

Back

a. Resources used in production eg. staff, machinery. b. changing resources to make the good. c. the final good/service available for sale

Card 3

Front

Name the 4 factors of production

Back

Preview of the front of card 3

Card 4

Front

What factor of production is improved by the intervention of man

Back

Preview of the front of card 4

Card 5

Front

How is Labour improved

Back

Preview of the front of card 5
View more cards

Comments

No comments have yet been made

Similar Other resources:

See all Other resources »