Volume of Production Flashcards

1
Q

What system of production has the most automation?

-FW

A

Continuous.

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2
Q

What does batch production make heavy use of, alongside machinery?

-FW

A

Jigs.

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3
Q

What is the defining feature of bespoke, over one-off, production?

-FW

A

The traditional or highly skilled manufacture methods.

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4
Q

Continuous production has a high WHAT cost?

-FW

A

Investment, or Capital.

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5
Q

What is the most key factor in economies of scale?

-FW

A

Bulk Buying.

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6
Q

What is batch production a balance of?

-CT

A

A balance between one-off flexibility and mass / volume productions.

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7
Q

What are the requirements to begin manufacture?

-CT

A

Capital costs are the investments required.

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8
Q

What are operational cost?

-CT

A

Those that are a result of running a business, paying staff and bills.

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9
Q

What determines much of the associated costs?

-CT

A

The number of units to be produced.

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10
Q

Why is there increased cost in batch production?

-CT

A

Added time, and the need for increased flexibility.

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