G10 Production of goods and services

If each worker in a business produces more than last year but fewer workers are employed then _____ has increased but total output might be the same

• production

• employment

• productivity

• resource allocation

Each of the following are possible ways to increase efficiency except____

• increased automation

• more technology used in production

• workers have more skills

• using more resources

Just in time inventory management is a good example of ____ production

• flow

• lean

• batch

• job

Lean production means

• making smaller products

• using smaller workers

• creating less waste

• reducing output

One possible advantage of flow production over batch production is that _____ production of a standard product will increase efficency.

• occasional

• infrequent

• continuous

• one-off

Flow production is always better than job production

• True

• False

Job production means that each worker only makes one product

• True

• False

Batch production can lead to higher inventory levels compared with flow production

• True

• False

Job production allows for many variations in the design of products

• True

• False

Automated robots are an example of using technology in production

• True

• False