A-Level Business: Unit 4 key terms revision

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Across
  1. 4. A method of reducing inventory by receiving materials only as they are needed. (4,2,4)
  2. 5. The proportion of total capacity actually being used.
  3. 8. The process of completing customer orders accurately and efficiently.
  4. 11. Ensuring quality standards are met throughout the production process.
  5. 14. Checking finished output to detect and correct defects.
  6. 17. Producing goods in groups with similar specifications.
  7. 18. Production of single, unique items to meet specific customer requirements.
  8. 19. Developing new production methods or improving existing ones.
  9. 21. The time between ordering and receiving goods or components. (4,4)
  10. 22. The raw materials, work-in-progress or finished goods a business holds.
  11. 23. The output a business produces per worker or per unit of input.
  12. 24. Managing the movement, storage and distribution of goods.
  13. 25. Cost advantages that arise when a business grows in scale.
Down
  1. 1. The maximum level of output a business can achieve with current resources.
  2. 2. The ability of operations to adjust to changes in demand or product requirements.
  3. 3. A production approach aiming to eliminate waste and improve flow.
  4. 6. Using machines and technology to carry out tasks originally done by humans.
  5. 7. Production where items move continuously through the process.
  6. 9. The monitoring and control of inventory levels to balance cost and availability. (5,7)
  7. 10. Extra inventory held to protect against uncertainty in demand or supply.
  8. 12. Using resources in a way that minimises waste and reduces costs.
  9. 13. The degree to which a product meets customer expectations.
  10. 15. A system of continuous, small improvements made by employees.
  11. 16. Requesting new stock when inventory levels reach a predetermined point to avoid running out.
  12. 20. Periods when production stops due to breakdowns or maintenance.