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Essay text:
State the 5 M’s necessary for the production process.
The five M’s are – materials, manpower, machines, money and management. These are necessary resources to a business and the five M’s can be a useful and quantifiable tool in devising both marketing and production plans.
4. Distinguish between ‘job’, ‘batch’ and ‘mass’ production.
Job production is a method of production that involves the production of a unique or one-off job. The job is entirely completed by one person (such as a tailor) or by a team of people (such as architects).
Batch production involves producing a large amount of identical products known as batch...
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