Methods of Production

There are three types of production: job, batch and flow.

Job Production:

• When a firm manufacturers individual, unique products.
• Each product has a unique design based upon the customer's specification.
• These products require highly skilled labour.
• It can take a long time to make products.
• Fewer products are made in a set period of time compared to other production methods, meaning the firm's productivity will be low.
• Salary/wage costs will be higher since skilled workers are needed.
• Products will need to be sold at a higher price in order to make a profit. However, products are unique…