Edexcel A Level Business - 2.4.1: Production, productivity, and efficiency Questions with Answers
Batch production - where you complete one operation at a time on all units before moving to the next Capital intensive - Production methods that use machinery more relative to labour Capital productivity - The amount of output each unit of capital (one machine) produces Cell production - Involves producing a family of products in a small self-contained unit (a cell) within a factory Division of labour - Specialisation in specific tasks or skills by an individual Downsizing - The process of reducing capacity, usually by laying off staff Efficiency - Producing a level of output where average cost is minimised Flow production - Large-scale production of a standard product, where each operation on a unit is performed continuously one after the other, usually on a production line Job production - A method of production that involves employing all factors to complete one unit of output at a time
Document information
- Uploaded on
- February 14, 2024
- Number of pages
- 2
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
