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Edexcel A Level Business - Theme 2.4 Study Guide Exam And Actual Answers.

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Production - Answer The transformation of resources into goods or services Job production - Answer where a single product is made at a time Batch production - Answer where one type of product is made and then settings / inputs are changed to manufacture another type. This is repeated to produce those products which are needed when demand dictates Flow production - Answer producing items in a continually moving process / assembly line Cell production - Answer Splitting flow production into self-contained groups that are responsible for either whole products or a certain part of the overall process. These teams are multi-skilled and will cover each others shifts Productivity - Answer The output per unit of input per time period Efficiency - Answer Producing a level of output where average cost is minimised and excess waste is cut Labour intensive - Answer Production methods that make more use of labour (workers) relative to machinery Labour productivity - Answer The amount of output each unit of labour (one worker) produces Capital intensive - Answer Production methods that make more use of machinery relative to labour (workers) Capital productivity - Answer The amount of output each unit of capital (one machine) produces

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Edexcel A Level Business - Theme 2.4
Study Guide Exam And Actual Answers.
Production - Answer The transformation of resources into goods or services



Job production - Answer where a single product is made at a time



Batch production - Answer where one type of product is made and then settings / inputs are changed
to manufacture another type. This is repeated to produce those products which are needed when
demand dictates



Flow production - Answer producing items in a continually moving process / assembly line



Cell production - Answer Splitting flow production into self-contained groups that are responsible for
either whole products or a certain part of the overall process. These teams are multi-skilled and will
cover each others shifts



Productivity - Answer The output per unit of input per time period



Efficiency - Answer Producing a level of output where average cost is minimised and excess waste is cut



Labour intensive - Answer Production methods that make more use of labour (workers) relative to
machinery



Labour productivity - Answer The amount of output each unit of labour (one worker) produces



Capital intensive - Answer Production methods that make more use of machinery relative to labour
(workers)



Capital productivity - Answer The amount of output each unit of capital (one machine) produces

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