March 2023

A Level Business Studies: What is JIT (Just In Time)?

By |2023-03-26T13:55:18+02:00March 26th, 2023|

  • Just in Time (JIT) is a production strategy that aims to minimize inventory and production costs by producing goods only when needed.

Features of Just In Time:

  • Production is demand-driven
  • Raw materials and inventory are kept to a minimum
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A Level Business Studies: Flexible Management Systems (FMS)

By |2023-03-26T13:48:52+02:00March 26th, 2023|

  • Flexible manufacturing systems (FMS) is a production method that involves the use of computer-controlled equipment to manufacture products.
  • This system is designed to be flexible and can be quickly reconfigured to produce different products without needing significant changes to the equipment or production process.

Features […]

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A Level Business Studies: What is Computer-Aided Design?

By |2023-03-26T13:34:25+02:00March 26th, 2023|

  • Introduction: Computer-Aided Design (CAD) is the use of computer software to assist in the creation, analysis, and modification of designs. CAD software is used in many industries, including architecture, engineering, and product design.

Features of CAM:

  • Creation of 2D or 3D models of designs
  • Creation of 2D or 3D models of designs
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A Level Business Studies: Automation of the production process

By |2023-03-26T13:30:28+02:00March 26th, 2023|

  • It involves the use of robots, computer systems, and other forms of automation to perform tasks such as material handling, assembly, and inspection. In this set of notes, we will explore […]
    • Automation in the production process is the use of technology and machinery to carry out tasks that were previously done manually.
    • It involves the use of robots, computer systems, and other forms of automation to perform tasks such as material handling, assembly, and inspection. In this set of notes, we will explore […]
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    A Level Business Studies: What is Computer Aided Manufacture?

    By |2023-03-26T13:27:05+02:00March 26th, 2023|

    • Computer-aided manufacturing (CAM) is a manufacturing process that utilizes computer software to control and automate the production process.
    • CAM software is used to control machinery and tools, and it is typically integrated with computer-aided design (CAD) software to create a seamless design-to-production process.

    Features of […]

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    A Level Business Studies: What is outsourcing?

    By |2023-03-26T12:08:12+02:00March 26th, 2023|

    • Outsourcing is a business practice that involves hiring an external company to perform a business process or service that is typically carried out in-house.
    • Outsourcing can take many forms and can involve a range of business functions, including manufacturing, IT services, accounting, and customer service.

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    A Level Business Studies: What is lean production?

    By |2023-03-26T11:52:34+02:00March 26th, 2023|

  • Lean production was first developed by the Toyota Motor Corporation in Japan in the 1950s and […]
    • Lean production is a manufacturing philosophy that emphasizes the elimination of waste and the creation of value for customers.
    • It involves reducing production time, cost, and defects while improving quality and efficiency.
    • Lean production was first developed by the Toyota Motor Corporation in Japan in the 1950s and […]
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    A Level Business Studies: What is Kaizen?

    By |2023-03-26T11:45:45+02:00March 26th, 2023|

  • One way the Kaizen philosophy can be utilised is in organising […]
    • Kaizen is a Japanese term that means “continuous improvement.”
    • It is a management philosophy that focuses on continually improving processes, products, and services. It is used in many organizations worldwide to improve efficiency and quality while reducing costs.
    • One way the Kaizen philosophy can be utilised is in organising […]
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    A Level Business Studies: The Production Function

    By |2023-03-26T11:54:32+02:00March 26th, 2023|

  • Organizing the production function is essential for a business to ensure that it […]
    • Production function refers to the process of transforming inputs into outputs by a business.
    • It involves the use of resources such as labour, capital, and technology to produce goods and services that satisfy customer needs.
    • Organizing the production function is essential for a business to ensure that it […]
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    A Level Business Studies: Challenges of changing from one production method to another

    By |2023-03-26T09:02:41+02:00March 26th, 2023|

  • However, the transition can be challenging and involves several factors that need to […]
    • Changing from one production method to another can be a daunting task for businesses.
    • The decision to change production methods can be driven by the need to increase efficiency, improve product quality, or reduce costs.
    • However, the transition can be challenging and involves several factors that need to […]
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