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Production: Producing Goods and Services


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Job production
Production "made to order" by often highly skilled workers
Batch production
Goods made in groups of similar items; machinery is then set up for another group of similar items
Flow production
Goods made on a continuous assembly line; mass production of items all the same.
Productivity
Output per worker
Quality Assurance
Where quality is tested at every stage of the production process to provide high standards of quality
Quality control
Where quality is tested at the end of the production process
Capital intensive
Production process in which machinery is the main input
Labour intensive
Production process in which workers are the main input
Stocks
Stores of finished goods
Stock control
The management of stored goods to ensure the business is always able to meet demand