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Types of Process Technologies - Batch Production
Under this system the manufacturing is done in batches or groups or lots either on the basis of customer order or with a hope of a continuous demand of the product. Under this system medium scale production is warranted.In batch production machines and equipment are made available for the next batch as soon as the production of first batch is completed. The best example of this type of production system is chemical industry where different medicines are produced in batches.
Both job or batch productions are similar in nature and almost have the same features except in regard to the quantity of production. In job production one single product is manufactured at a time in batch production. Strictly speaking batch production is an extension of job production. Prof. Drucker has grouped these two types of production systems as unique product production.
Midway through the project your design and production people realize that a 75 percent improvement curve is more appropriate. What impact does this have on the project labour hours
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Suppose 40 observations of a random system component have been recorded as shown in the table below (these numbers are sorted). 0.0345 0.1079 0.1313 0.1452 0.1788 0.2101 0.2249
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