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

State the meaning ofunlimited profit sharing, State the meaning ofUnlimited...

State the meaning ofUnlimited profit sharing Unlimited profit sharing means that equity shares have an unlimited potential for dividend payments and price appreciation. Which i

Perpetual-floating rate bonds-index and linked bonds, Explain the following...

Explain the following term: Perpetual bonds, Floating rate bonds, Index-linked bonds and Callable bonds. Perpetual bonds (also termed as consols) are never mature. This

Objectives of financial services authority, Objectives of financial service...

Objectives of financial services authority FSMA provides four statutory objectives to FSA. They are: Market Confidence: Maintaining confidence in the financial system;

Operating cycle, discuss the applicability of operating cycle to poultry bu...

discuss the applicability of operating cycle to poultry business(consider broilers)

Operating cycle, discuss the applicability of an operating cycle to poultry...

discuss the applicability of an operating cycle to poultry business in uganda.

Discuss about the materiality, Discuss about the Materiality An item ca...

Discuss about the Materiality An item can be considered material if its omission would reasonably influence the decisions of an addressee of report, a misstatement is material

WEALTH.., What is the fastest way to be rich?

What is the fastest way to be rich?

What do you mean by present value of a future sum, Q. What do you mean by P...

Q. What do you mean by Present Value of a Future Sum? The present value of a future sum will be worth less than the future sum because one foregoes the opportunity to invest an

Board of directors, Q. Board of Directors Board of Directors - Individu...

Q. Board of Directors Board of Directors - Individuals responsible for overseeing the affairs of an entity including the election of its officers. Board of a CORPORATION which

Accrual bond, It is a bond that does not give periodic interest payments. I...

It is a bond that does not give periodic interest payments. In spite of that, interest is added to the principal balance of the bond and is either paid at maturity or, at some poin

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