the ability of a business to vary both level of production and range of productions following chanes in consumer demand
1 of 15
Process Innovation
a new or much improved method of production or services delivery method
2 of 15
Batch production
producing a limited number of identical products in batches, each pass througha number stage of productio
3 of 15
Flow production
producing products in a continually moving process
4 of 15
Job production
Produce a one-off product specifically designed for individual's ....
5 of 15
Mass Customisation
with help of flexible computer-aided operation system, busienss produce items that meet invidual's customer requiremnts at mass-production cost levels
6 of 15
What determines production methods?
Size of the market, size of firm (its ability to pay capital equipment), avalaibility of other resources, market demand exists for products
7 of 15
Quatitative factors of choosing location
Labour cost, transport cost, site cost - capital cost, potential of sales revenue, grants
8 of 15
Qualitative factors that influences location
Infrastructure, Manager's preference, Room for further expansion, Environmental concersn , ETHICAL concerns quen quaiii
9 of 15
Reasons for international location decisions
1. reduce costs, 2. access global markets, 3. to avoid trade barriers
10 of 15
Issues and potential problems with international location
language, communication problems, cultural differences, level-of services concerns, supply-chain concern, ethical considerations
11 of 15
Scale of operations
the maximum output that can be achieved by using the avaliable inputs ( resources) this scale scan only be increased in the long term by employing more inputs
Comments
No comments have yet been made