Topic 4

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Job Production
The production of one of items to meet the needs of individual customers
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Batch Production
Identical groups are produced in groups, each team passing through the production process at the same time
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Flow Production
Items flow along the production line in a continuous process
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Cell Production
A form of flow production whereby the production line is split into a series of self contained cells
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Labour Productivity
Total output / number of employees
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Capacity
The maximum amount of output achievable if all resources are fully utilised
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Capacity utilisation
(Current output / maximum possible output) x 100
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Stock
A current asset held by a business to help meet the demands of customers
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Lead time
The time it takes between placing an order and receiving delivery
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Reorder level
The level of stock which triggers an order, this may be done automatically, by a computer system
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Buffer stock
Stock held in case there is a problem with delivery or increased demand
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Other cards in this set

Card 2

Front

Identical groups are produced in groups, each team passing through the production process at the same time

Back

Batch Production

Card 3

Front

Items flow along the production line in a continuous process

Back

Preview of the back of card 3

Card 4

Front

A form of flow production whereby the production line is split into a series of self contained cells

Back

Preview of the back of card 4

Card 5

Front

Total output / number of employees

Back

Preview of the back of card 5
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