Presumably you mean single part manufacture using the Kanban principle. The main advantage is significant reductions in inventory but it is necessary to have a balanced line otherwise the Theory of Constraints gets in the way. Lead times can also be shorter.
advantages: Each product may be unique in shape, form and appearance. The product will be to the customers needs. Your unique design, no one else has it. disadavntages: It will take a quite a while to produce. The product will have a high cost.
1) Less waste 2) Increased customization of the product 3) Lower finished-product inventory costs 4) Better relationship with the customer
There are many advantages of cash payment. First off, cash is the most common form of payment around the world. One does not need to know any other information such as a pin number to use cash. Cash is easy to carry and has no fees for use.
Advantages: Easy to use Matches Cost to revenues (Matching Concept) Disadvantages: Depreciation can not be charged when the Asset is not in use.
No one knows
advantages of small scale production
i dont known
I don't know the meaning of one off production could you please help me?
no
The advantages of batch production is that it can reduce initial capital outlay. It can be useful for small businesses who cannot afford to run continuous production lines.
one off is the production of an item once, batch productions is a form of production that is applied to a large number of items all at once whilst mass production is the same but made one at a time from mass produced parts. Haven't heard of continuous production!
Advantages of production systems:-
The advantages of job production include fulfillment of the customers demands, motivation for the employees, and possible jobs for new workers. A disadvantage of job lot production is the cost.
ADVANTAGES OF PRODUCTION BUDGET:-The following are the advantages of production budget:* Plant and machinary can be utilised to a maximum extent* Labour hours can be utilised to a greater extent*It help to reduce production expenses as there is uniform production*It is enough to maintain minimum stock of goods*Purchase cost budget can be prepared*Production cost budget can be prepared
Advantage And Disadvantage Of Small Scale Production
The production is significantly increased.
leads to avariety of good