IGCSE Business Studies: Chapter 4.1: Production of goods and services

IGCSE Business Studies: 4.1: Production of goods and services

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Time stamps

00:00 - Intro
00:19 - Production
00:37 - Productivity
01:05 - Ways to increase productivity
01:45 - Benefits of increasing efficiency
02:33 - Inventory management
03:10 - Factors that influence the amount of inventory held
04:11 - Lean production
04:40 - Benefits of lean production
05:07 - Kaizen
05:51 - Just-in-time inventory control
06:37 - Job production
07:18 - Batch production
08:24 - Flow production
09:37 - Factors that affect which production to use
10:16 - Technology and production
11:12 - Advantages using technology
11:57 - Disadvantages of using technology
12:31 - Solved exam questions