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Factory

Unit 5 - Operations management

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Chart Increasing

Unit 1 - Introduction To Business Management

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Briefcase

Unit 2 - Human Resource Management

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Money Bag

Unit 3 - Finance & accounts

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Direct Hit

Unit 4 - Marketing

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Bar-Chart

Unit 6 - Assessment

<ul>
	<li>
	🤓 Definition: Making a LOT of the same product in a flow, typically using an assembly line.
	</li>
	<li>
	🤖 Automation is King: Machines are often used as they don&rsquo;t need coffee breaks and they don&rsquo;t make mistakes.
	</li>
	<li>
	🚶 Labour: Usually unskilled, and might just check if the product is okay.
	</li>
	<li>
	💸 Costs: Setting up mass production isn&#39;t cheap. To recover this money, the company needs to sell a lot of products. Hence, products are often priced affordably.
	</li>
</ul>

<ul>
	<li>
	Flow Production: Imagine a river of products flowing on an assembly line.
	</li>
	<li>
	Line Production: Like creating a beautiful art piece, step by step.
	</li>
	<li>
	Process Production: Like cooking a dish, you progress from one stage to another in a specific order.
	</li>
</ul>

<ul>
	<li>
	🛠️ Low Maintenance: Once everything&#39;s set up, it pretty much runs itself!
	</li>
	<li>
	📦 Large Orders: Great for businesses when customers say, &ldquo;I&rsquo;ll take 10,000 of those!&rdquo;
	</li>
	<li>
	💵 Save on Labour Costs: Since robots can do most of the work, fewer human workers might be needed.
	</li>
	<li>
	🚀 Quick Response: Imagine being able to ramp up production when there&rsquo;s a sudden hot demand for your product (like fidget spinners!).
	</li>
</ul>

<ul>
	<li>
	💰 Expensive Set-Up: Remember, good things (or production lines) don&rsquo;t come cheap.
	</li>
	<li>
	🚫 Breakdowns = Big Problems: If one machine stops working, it can halt the whole assembly line.
	</li>
	<li>
	📉 Need Steady Demand: You don&#39;t want to be stuck with 10,000 fidget spinners that nobody wants anymore.
	</li>
	<li>
	💼 Inflexibility: Hard to change the production process quickly if the market changes.
	</li>
	<li>
	🙍 Worker Morale: Doing the same thing every day? It can be boring and demotivating.
	</li>
</ul>

Henry Ford introduced the assembly line for producing his Model T cars. This allowed them to produce cars faster and reduce costs. However, they only came in one color: black. Why? Because black paint dried faster. Talk about being inflexible!

Unlock The Secrets Of Mass Production: Pros, Cons & Alternatives

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Higher Level

Business Management HL

Unit 5 - Operations management

Unlock The Secrets Of Mass Production: Pros, Cons & Alternatives

Table of content

What is mass production? 🏭

Synonyms (different ways to say mass production) 🌐

Advantages of mass production 🚀

Unlock the Full Content!

Unit 5 - Operations management

Unlock The Secrets Of Mass Production: Pros, Cons & Alternatives

Table of content

What is mass production? 🏭

Synonyms (different ways to say mass production) 🌐

Advantages of mass production 🚀

Unlock the Full Content!