Mass and batch production, Financial Management

Assignment Help:

a) IPod -Line / Mass production is most suitable given that Apple can sell the standardised product to mass markets across the world. Only small variations to the production process is needed for different versions of the iPod (e.g. 8GB or 4GB models), but there is a large enough market for each of these to mass produce the product.

b) Wedding cakes - batch production or Job production could be used. In some cases, clients may demand a highly unique cake (job production) which is made to order. In other cases, clients may be given a choice from several different cakes on offer (batch production). Customers might as well buy a batch-produced cake but have finishing touches to make the cake more unique.

c) Cookies (biscuits) - Batch production is most suitable as each group of products is standardised but the product can be modified somewhat to produce diverse batches of cookies, e.g. plain or chocolate chip flavour.

d) Navy battleships - Job production will be most appropriate as navy battleships are highly sophisticated and expensive products with unique capabilities and features. The infrequency of orders and the huge costs of production also make it complicated to use batch production.

e) Plasma televisions - Large manufacturers, such as Samsung and Sony, are likely to use mass/line production, especially as the global market for plasma televisions continues to grow.


Related Discussions:- Mass and batch production

Constructing index numbers, Constructing Index Numbers There are two a...

Constructing Index Numbers There are two approaches for constructing an index number namely the aggregates method and average of relatives method. The index constructed in eit

Valuation of shares , Example based on Valuation of Shares Share capit...

Example based on Valuation of Shares Share capital details & Types of Share Hatsun Agro private limited (HAPL) as on March 2008 had a total authorized share capital worth

Financial and management accounting, the salaries paid in 2004 is rs 500000...

the salaries paid in 2004 is rs 500000 outstanding is rs 20000 salaries paid in advance for 2004 is rs 30000 what is the actual salary expenditure for 2004 which accounting princip

A company has total debt , A company has total debt of $1,200 and a debt-eq...

A company has total debt of $1,200 and a debt-equity ratio of 0.5. What will be  the value of the total assets?

Define advantage and disadvantage of internal rate of return, What are the ...

What are the advantages and disadvantages of the internal rate of return method? The internal rate of return (IRR) method is a discounted cash flow method and a number expressed

Determine the calculation of materiality, Determine the calculation of mate...

Determine the calculation of materiality For example: Turnover 1% -1.5% Net assets 1% -2% Net profit 2% -6% Whatever numbers are selected they would be based on r

Objectives and functions of asic, Objectives and Functions of ASIC The ...

Objectives and Functions of ASIC The objective of ASIC is to ensure the confident and informed participation of consumers in the financial system. To attain this objective, it

Short sales, Short sales  : Short sales of a security means borrowing o...

Short sales  : Short sales of a security means borrowing of an underlying security by an investor from other investors who are holding it (in Demat account) and selling it with

Credit analysis for formulation of optimum credit policy, Q. Credit Analysi...

Q. Credit Analysis for Formulation of Optimum Credit Policy? Credit Analysis: - Credit Analysis is made to estimate the credit worthiness of the customers before making credi

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd