Provide similarities and differences between key ideas.
What is 'Compare'?
Produce goods that are tangible.
The consumer is typically not present when the good is produced.
What are characteristics of a manufacturing business?
The degree to which a business has accomplished its stated objectives.
What is 'Effectiveness'?
Reduces the risk of any waste occurring in storage.
Ensures that production can continue to flow smoothly with the right amount of materials arriving just as they are needed.
What are the strengths of Just In Time?
Supplier deliveries must be reliable.
Materials must be received at the appropriate time — failure to do so can bring a production line to a halt.
What are the limitations of Just In Time?
Provide reasons why your idea is good. (Give advantages for your reason and link back to the question/case study)
What is 'Justify'?
Most modern businesses produce a combination of both manufactured goods and services. True or False?
What is 'True'?
The strategy that manages the use, storage and delivery of materials to ensure the right amount of inputs is available when required in the operations system.
What is 'materials management'?
Allows a business to produce at faster rates at reduced cost.
Allows a business to produce with greater consistency (each component or finished product will be exactly the same) and greater accuracy (free of errors).
What are advantages of CAM?
Designing, registering and publishing this may initially be expensive and time-consuming.
Lack of the skill set required to work with this may lead to employees losing their jobs.
What are disadvantages of website development?
In detail, provide advantages and disadvantages of a key idea. Include reasons why the idea is a good one.
What is 'Evaluate'?
Computer software
Customer service representatives
Brochures of internet plans
Posters
What are inputs for a service business - IP?
The conversion of inputs (resources) into outputs (goods or services).
What is 'transformation/process'?
Ensures that a business maintains an appropriate level of materials for the operations system without overproducing.
Ensures that a business does not find itself underproducing.
What are the advantages of forecasting?
Making use of historical data does not necessarily guarantee that past events will continue into the future.
This strategy provides a ‘guesstimate’.
What are the limitations of forecasting?
Explain key features of the main point. Specify how it may impact given scenario/case study. (Provide positive and negative impacts)
What is 'Analyse'?
This strategy helps to make profit by reducing costs.
What is 'Just In Time'?
A plan that describes what is to be produced, in what quantities, how and when.
What is 'master production schedule'?
This allows a business to avoid overproducing (which is likely to result in an excess inventory of finished products) or underproducing (which is likely to result in shortages).
This allows a business to schedule changes when new products are introduced — these benefits provide a business with flexibility.
What are advantages of MPS/MRP?
Computer software can crash, resulting in the possible loss of work.
The use of this strategy may lead to the loss of jobs as fewer employees are likely to be required.
What are the disadvantages of CAD/CAM?
Provide both sides of a key idea. (Advantages and disadvantages)
What is 'Distinguish'?
Production process and consumption typically occur at the same time.
Customer is involved in production.
What are characteristics of a service business?
This comprises machinery and equipment arranged in a sequence with components added to a good as it proceeds through each step, with the process controlled by computers.
What is 'automated production line'?
Can be used to deliver consistent messages to customers and suppliers, and can also be used to gain customer feedback.
Reduces the costs of labour and of leasing or purchasing physical space.
What are the advantages of website development?
The use of this strategy can lead to the loss of jobs as fewer employees are likely to be required.
The use of robotics, are high-cost forms of technology that can be unaffordable for many small and medium-scale manufacturers.
What are the disadvantages of automated production lines?