Theme 2 analysis COPY Flashcards

1
Q

Benefit of using batch production

A
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2
Q

Benefit of using budgets

A
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3
Q

Benefit of using cell production

A
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4
Q

Quality control benefit

A
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5
Q

Benefit of just-in-time stock management

A
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6
Q

Importance of good stock management

A
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7
Q

Benefit of low capacity utilisation

A
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8
Q

Benefit of using flow production

A
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9
Q

Benefit of using historical budgeting (for large businesses)

A
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10
Q

Benefit of using job production

A
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11
Q

Benefit of adopting a Kaizen approach

A
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12
Q

Benefit of quality assurance

A
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13
Q

Benefit of quality control

A
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14
Q

Benefit of zero-based budgeting

A
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15
Q

Benefit of a capital intensive production approach

A
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16
Q

Gaining a competitive advantage from lean production

A
17
Q

Drawback of batch production

A
18
Q

Drawback of historical budgeting

A
19
Q

Drawback of job production

A
20
Q

Drawback of just-in-time stock management

A
21
Q

Drawback of Kaizen

A
22
Q

Drawback of quality assurance

A
23
Q

Drawback of quality control

A
24
Q

Drawback of zero based budgeting

A
25
Q

Drawback of a strong pound

A
26
Q

Benefit of a strong pound

A
27
Q

Reasons why incomes may not be impacted by rising inflation

A
28
Q

Impact of inflation on cost of sales

A
29
Q

Why incomes may be affected by rising inflation

A
30
Q

Impact of a stronger pound on demand for domestic businesses

A
31
Q

Benefit of improved productivity

A
32
Q

Interpreting a stock control diagram

A
33
Q

Benefit of a labour intensive production process

A
34
Q

Drawback of a labour intensive production process

A
35
Q

Production at minimum average cost

A
36
Q

Benefit of quality circles

A
37
Q

Drawback of quality circles

A
38
Q

Reasons why inflation may not impact cost of sales

A