Production of goods and services
4.1What the syllabus asks of you
- The meaning of production: Managing resources effectively to produce goods and services
- The meaning of production: Difference between production and productivity
- The meaning of production: Benefits of increasing efficiency and how to increase it, e.g. increasing productivity by automation and technology, improved labour skills
- The meaning of production: Why businesses hold inventories
- The meaning of production: The concept of lean production: how to achieve it, e.g. just-in-time inventory control and Kaizen; benefits of lean production
- The main methods of production: Features, benefits and limitations of job, batch and flow production
- The main methods of production: Recommend and justify an appropriate production method for a given situation
- How technology has changed and is changing production methods, e.g. using computers in design and manufacturing
Read the notes first
Chapter 4: Production of goods and services
Drill this topic
All 18 questions on Production of goods and services, untimed — answer on paper, then mark yourself against the mark scheme.
Make a worksheet
Choose the years and how many questions, then print it with the answers on separate pages.
18 questions
These are structured questions, answered in working rather than by picking an option, so they are not listed here one by one. The drill above puts each in front of you with its mark scheme to check against.