Production IV

Question 1

Factory, mill, works e.g. power plant, automobile factory, steel mill, steelworks

Answer 1

Plant

Question 2

Network of production and distribution

Answer 2

Supply chain

To set up/ establish/ create/ arrange/ build a supply chain
Disrupt/ break/ limit/ restrict a supply chain

Question 3

Raw materials or finished products

Answer 3

Inventory/ stock

To keep/ maintain/ secure/ limit/ expand the inventory

Question 4

Parts vs modules and module assembly

Answer 4

Components

Question 5

The maximum output of potential

Answer 5

Capacity

To work at half/ full/ 80-percent/ low/ high/ limited capacity

Question 6

A time needed for a product from manufacturing process to selling

Answer 6

Lead time

To reduce/ shorten/ rationalize

Question 7

Methods of maximizing production efficiency

Thanks to maximizing production of mass products based on similar components and reducing the price per unit

Answer 7

Economies of scale

Question 8

Moving production outside the company

Answer 8

Outsourcing

Question 9

Moving production outside the country

Answer 9

Offshorring

Question 10

Focusing on core competence, specializing

Answer 10

Economies of scope

Question 11

.

Answer 11

To get shortlisted for a job interview

Question 12

Infrastructure and access to resources and markets

Answer 12

Location