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Types of productino methods, Idle time: non-productive time during which…

- - - - greater attention to detail and quality control
      - Flexibility to adapt to changes in customer demands
      - omre personalised customer eperience
      - Allows for high levels of customisation
        
        higher customer satisfaction
    - - long lead time which might not allways be suitable to customers
      - complex and harder to manage
      - more expensive than other production methods
      - Harder to ahcieve economies of scale
- - - - Greater need for capital expenditure,
        
        Harder to start the operations, as it needs a larger investment
      - idle time of machinery
      - less flexibiliyty compared to job production
      - machinery breakdowns can be costly o the organisation
      - Can lea dto the accumulation of stock
        
        Careful management is needed
    - - allows for te benefits of economies of scale
      - Quality issues can be identified and quickly changed
      - Ability to cater to varies in customer demands (flexibility)
      - each batch can tailor to meet specific customer requirements
      - Greater variety of productscan lead to more sales
- - - - lower labour costs as there is more reliance on capital production
      - a large volume is created
        
        business benefits from a faster rate of production
      - Allows for full benefits of economies of scale
        
        lower prices of production
        
        Higher profit margin
      - Easier to increase output in response of rising demand
      - Very low idle time
      - Large control over production quality
    - - It relies on the reliability and efficiency of equipment and machinery
      - Best suites for standarised products
        
        Can make problems for industries that require more flexibility
      - Requires significant capital investment
        
        Large startup cost
      - If a defect is found, it stops the whole production line
      - Relies on a steady supply of raw materials and components
      - relies on lower pricess-->lower profit margin
      - Requires effective stock management systems
  - - - The product moves continuously from one workstation to another, minimising idle time and maximising productivity
    - - Different tasks are allocated to different workstations or machines, allowing workers to specialise in a specific task
- - - - The flexibility of mass customization enables far more customers to have their individual needs and preferences met, without the high costs associated with job production.
      - Enjoy of higher profit margins
      - Greater choice for customers and a higher degree of customer satisfaction
      - Mass customization involves elements of job rotation, which can be motivational.
    - - it requires very good effective stock control which cna be time consuming and expensive
      - It can be challenging to forecast sales and trends due to the wide range of options made available to customers.
      - Starting investment can be high for the business
      - The flexibility of customization means this operations method is more expensive than mass production.