Production

Question 1

Flexible manufacturing system definition

Answer 1

easily adapt to changes in quantity or type of product, used to manage stock inventory or production planning system

Question 2

Lean manufacturing definition

Answer 2

minimises waste and improves efficient - cost saving and reduces use of resources

Question 3

Just in time definition

Answer 3

respond to customer demand, products can be ordered as needed

Question 4

Just in time advantages and disadvantages

Answer 4

AD - saves storage space, stock doesn’t expire, more factory space = more efficient
DIS - supply chain must be reliable and fast, sales are affected by delay, costs are higher as no bulk buying