Methods of Production

What are tangible products called?

• Services

• Goods

• Manufacturing

• Customization

Which production method is most likely to produce premium products?

• Job production

• Batch production

• Mass production

• Mass customization

What is the main advantage of job production?

• High efficiency

• Low production costs

• Flexibility and customization

• Automation and speed

What is the main disadvantage of job production?

• High prices and long production times

• Lack of qualified workforce

• Low motivation for employees

• Inefficient production process

Which production method uses the same equipment to produce different varieties of output in relatively smaller quantities?

• Job production

• Batch production

• Mass production

• Mass customization

What is the main advantage of batch production?

• Customization of every single item

• Low production costs and fast process

• High reliance on employees

• Flexibility and customization

What is the main feature of mass/flow production?

• Customization of every single item

• High reliance on employees

• Large-scale manufacturing of identical products

• Flexible and customizable production

Which category of products are least likely to be produced through mass production?

• Premium products

• Bargain products

• Economy products

• Cowboy products

What is the main advantage of mass/flow production?

• High customization and flexibility

• Low production costs and fast process

• High reliance on employees

• Efficient and automated production

What is the main disadvantage of mass/flow production?

• High customization and flexibility

• Low production costs and fast process

• High reliance on employees

• Inefficient customization and inflexibility