What are the features of job production?

Small-scale production and customized products

What are the benefits of lean production?

Lower production costs and improved efficiency

Kaizen is best described by

Continuous small improvements in the process

What are the features of flow production?

Continuous production and high automation

What is the concept of lean production?

Minimizing waste and maximizing efficiency in production

Why do businesses hold inventories?

To meet customer demand on time (Promptly)

How can you recommend and justify an appropriate production method for a given situation?

By analyzing the customer demand and product requirements

How can businesses increase productivity through automation and technology?

By investing in advanced machinery and equipment

What are the limitations of flow production?

Limited customization and higher capital requirement

Which of the following is NOT a benefit of increasing efficiency in production?

Decreased demand for goods and services

What is the difference between production and productivity

Production: Creation of Goods, Productivity: Efficiency of Production

How can lean production be achieved?

By implementing just-in-time inventory control

studbud

Chapter 18 Production of Goods and Services

17 termsStudBud Administration55 plays

Imported from external platform

Flashcards17 cardsFPractice quizPHost liveL

Questions 17

Answers

1
How is technology changing production methods?
By decreasing the efficiency of production processes
By eliminating the need for inventory management
By reducing the need for labor
By increasing the cost of production
2
What are the features of job production?
Continuous production and high automation
Mass production and low-skilled labor
Large-scale production and standardized products
Small-scale production and customized products
3
Which is NOT a type of waste under lean production
Defects
Transportation
Overproduction
Overspending
4
What are the benefits of lean production?
Higher production costs and increased waste
Decreased customer satisfaction and higher inventory levels
Increased customer demand and reduced quality
Lower production costs and improved efficiency
5
Kaizen is best described by
Continuous small improvements in the process
The manager decides what is wrong with the process and introduces changes
Major changes from the business owners
All workers keep their problems to themselves and don't coordinate
6
What are the features of flow production?
Large-scale production and customized products
Mass production and low-skilled labor
Continuous production and high automation
Small-scale production and customized products
7
What is the concept of lean production?
Outsourcing production to other countries
Producing goods in large batches to reduce costs
Minimizing waste and maximizing efficiency in production
Increasing inventory levels to meet customer demand
8
Why do businesses hold inventories?
To reduce customer demand
To meet customer demand on time (Promptly)
To increase production costs
To decrease efficiency in production
9
How can you recommend and justify an appropriate production method for a given situation?
By relying solely on the opinions of top management
By considering the cost of production only
By analyzing the customer demand and product requirements
By ignoring the limitations of different production methods
10
Which of the following is a method of production?
Marketing strategy
Job production
Human resource management
Financial planning
11
How can businesses increase productivity through automation and technology?
By outsourcing production to other countries
By relying solely on manual labor
By reducing the use of technology in production processes
By investing in advanced machinery and equipment
12
If labor productivity is 2 chairs/employee and 40 chairs were produced by the company how many employees do they have?
80
20
40
42
13
What are the limitations of flow production?
Continuous production and high automation
Limited customization and higher capital requirement
Mass production and low-skilled labor
Increased efficiency and reduced waste
14
Which of the following is NOT a benefit of increasing efficiency in production?
Lower production costs
Increased customer satisfaction
Higher quality products
Decreased demand for goods and services
15
Productivity is the amount of output produced over a period of time by a number of employees
True
False
16
What is the difference between production and productivity
Production and productivity are unrelated concepts.
Production and productivity are the same concepts.
Production: Efficiency of making goods, Productivity: Creation of Goods
Production: Creation of Goods, Productivity: Efficiency of Production
17
How can lean production be achieved?
By reducing the use of technology in production processes
By implementing just-in-time inventory control
By increasing inventory levels
By producing goods in large batches

Chapter 18 Production of Goods and Services Flashcards | StudBud