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% Document Info
\author{fatimaaaa}
\pdfinfo{
  /Title (ib-business-management-unit-5-2-operations-mgmt.pdf)
  /Creator (Cheatography)
  /Author (fatimaaaa)
  /Subject (IB Business Management Unit 5.2 - Operations Mgmt Cheat Sheet)
}

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\noindent
\begin{multicols}{3}
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    {\parbox{\dimexpr\textwidth-2\fboxsep\relax}{\noindent
        \hspace*{-6pt}\includegraphics[width=5.8cm]{/web/www.cheatography.com/public/images/cheatography_logo.pdf}}
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    \vspace{-2pt}\large{\bf{\textcolor{DarkBackground}{\textrm{IB Business Management Unit 5.2 - Operations Mgmt Cheat Sheet}}}} \\
    \normalsize{by \textcolor{DarkBackground}{fatimaaaa} via \textcolor{DarkBackground}{\uline{cheatography.com/186493/cs/38983/}}}
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\noindent
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  \mymulticolumn{2}{p{5.377cm}}{\bf\textcolor{white}{Cheatographer}}  \\
  \vspace{-2pt}fatimaaaa \\
  \uline{cheatography.com/fatimaaaa} \\
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  \mymulticolumn{1}{p{5.377cm}}{\bf\textcolor{white}{Cheat Sheet}}  \\
   \vspace{-2pt}Published 28th May, 2023.\\
   Updated 28th May, 2023.\\
   Page {\thepage} of \pageref{LastPage}.
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  Measure your website readability!\\
  www.readability-score.com
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\begin{document}
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% Set font size to small. Switch to any value
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\begin{multicols*}{2}

\begin{tabularx}{8.4cm}{X}
\SetRowColor{DarkBackground}
\mymulticolumn{1}{x{8.4cm}}{\bf\textcolor{white}{Job production}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{1}{x{8.4cm}}{Creating a product from start to finish that is tailor made to meet customer requirements – usually one-off or unique items (e.g. violin, painting)} \tn 
% Row Count 3 (+ 3)
% Row 1
\SetRowColor{white}
\mymulticolumn{1}{x{8.4cm}}{Only one person or group's job to complete entire product} \tn 
% Row Count 5 (+ 2)
% Row 2
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\mymulticolumn{1}{x{8.4cm}}{Small firms are likely to use job production} \tn 
% Row Count 6 (+ 1)
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\par\addvspace{1.3em}

\begin{tabularx}{8.4cm}{x{2 cm} x{6 cm} }
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\mymulticolumn{2}{x{8.4cm}}{\bf\textcolor{white}{Advantages and Disadvantages of Job production}}  \tn
% Row 0
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\seqsplit{Advantages} & High quality and uniqueness \{\{nl\}\} High motivation of workers \{\{nl\}\} More flexibility \tn 
% Row Count 3 (+ 3)
% Row 1
\SetRowColor{white}
\seqsplit{Disadvantages} & Labor intensive and expensive \{\{nl\}\} Time consuming due to customer requirements \{\{nl\}\} Long working-capital cycle (due to slow production) \{\{nl\}\} Minimal economies of scale \tn 
% Row Count 9 (+ 6)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
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\par\addvspace{1.3em}

\begin{tabularx}{8.4cm}{X}
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\mymulticolumn{1}{x{8.4cm}}{\bf\textcolor{white}{Batch production}}  \tn
% Row 0
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\mymulticolumn{1}{x{8.4cm}}{Producing limited number of identical products (batch) at a time (e.g. chocolates, CPUs, breeding)} \tn 
% Row Count 2 (+ 2)
% Row 1
\SetRowColor{white}
\mymulticolumn{1}{x{8.4cm}}{Usually used when level of demand is not clear and the business produces a range of products} \tn 
% Row Count 4 (+ 2)
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\par\addvspace{1.3em}

\begin{tabularx}{8.4cm}{x{2 cm} x{6 cm} }
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\mymulticolumn{2}{x{8.4cm}}{\bf\textcolor{white}{Advantages and Disadvantages of Batch Production}}  \tn
% Row 0
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\seqsplit{Advantages} & Technical and purchasing economies of scale \{\{nl\}\} Specialisation – better quality and productivity \{\{nl\}\} Variety – reduce risks of producing single product \tn 
% Row Count 6 (+ 6)
% Row 1
\SetRowColor{white}
\seqsplit{Disadvantages} & Inflexibility – can't stop once started \{\{nl\}\} Storage costs \{\{nl\}\} Boredom – reduced motivation \tn 
% Row Count 10 (+ 4)
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\par\addvspace{1.3em}

\begin{tabularx}{8.4cm}{X}
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\mymulticolumn{1}{x{8.4cm}}{\bf\textcolor{white}{Flow/mass production}}  \tn
% Row 0
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\mymulticolumn{1}{x{8.4cm}}{Continuous production process of standardized products} \tn 
% Row Count 2 (+ 2)
% Row 1
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\mymulticolumn{1}{x{8.4cm}}{Flow/mass are usually interchangeable} \tn 
% Row Count 3 (+ 1)
% Row 2
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\mymulticolumn{1}{x{8.4cm}}{Generally capital intensive} \tn 
% Row Count 4 (+ 1)
% Row 3
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\mymulticolumn{1}{x{8.4cm}}{Flow production: sequence of steps to create product (e.g. newspapers/magazine)} \tn 
% Row Count 6 (+ 2)
% Row 4
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\mymulticolumn{1}{x{8.4cm}}{Mass production: manufacturing large amounts of standardised products (e.g. Chips)} \tn 
% Row Count 8 (+ 2)
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\par\addvspace{1.3em}

\begin{tabularx}{8.4cm}{x{2 cm} x{6 cm} }
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\mymulticolumn{2}{x{8.4cm}}{\bf\textcolor{white}{Advantages and Disadvantages of Flow/Mass}}  \tn
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\seqsplit{Advantages} & High production scale at low cost due to economies of scale \{\{nl\}\} Initial high costs is spread over high volume of units \{\{nl\}\} Standardized quality (assuming low defect rate) \{\{nl\}\} Low cost for workers \tn 
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% Row 1
\SetRowColor{white}
\seqsplit{Disadvantages} & Low motivation \{\{nl\}\} Breakdowns cause major delays \{\{nl\}\} Inflexible – no reworking or customization \{\{nl\}\} High initial set-up, running, and replacement costs \{\{nl\}\} Requires effective storage \tn 
% Row Count 14 (+ 7)
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\begin{tabularx}{8.4cm}{X}
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\mymulticolumn{1}{x{8.4cm}}{\bf\textcolor{white}{Cell production}}  \tn
% Row 0
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\mymulticolumn{1}{x{8.4cm}}{Modern adaptation of assembly line} \tn 
% Row Count 1 (+ 1)
% Row 1
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\mymulticolumn{1}{x{8.4cm}}{Parts of production are delegated to teams or cells for completion} \tn 
% Row Count 3 (+ 2)
% Row 2
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\mymulticolumn{1}{x{8.4cm}}{Any member of team can contribute to the task} \tn 
% Row Count 4 (+ 1)
% Row 3
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\mymulticolumn{1}{x{8.4cm}}{Cells work independently but rely on each other to achieve targets} \tn 
% Row Count 6 (+ 2)
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\begin{tabularx}{8.4cm}{x{2 cm} x{6 cm} }
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\mymulticolumn{2}{x{8.4cm}}{\bf\textcolor{white}{Advantages and Disadvantages of Cell Production}}  \tn
% Row 0
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\seqsplit{Advantages} & Certain degree of autonomy in decision making \{\{nl\}\} Improved standards of quality \{\{nl\}\} ↳ Greater sense of responsibility and accountability in team \{\{nl\}\} Higher levels of motivation (team working, empowerment, etc.) \{\{nl\}\} Specialization \tn 
% Row Count 9 (+ 9)
% Row 1
\SetRowColor{white}
\seqsplit{Disadvantages} & Output may be lower \{\{nl\}\} Higher chances for intra- and intergroup tension and conflict \{\{nl\}\} Capital intensive to initiate and sustain \tn 
% Row Count 14 (+ 5)
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\begin{tabularx}{8.4cm}{x{2.4 cm} x{5.6 cm} }
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\mymulticolumn{2}{x{8.4cm}}{\bf\textcolor{white}{Labour and capital intensity}}  \tn
% Row 0
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Labour intensive & Greater proportion of labour cost than capital cost \{\{nl\}\} Job production and service sector is often labour intensive \{\{nl\}\} Offers personalised service but may have more HR issues \tn 
% Row Count 7 (+ 7)
% Row 1
\SetRowColor{white}
Capital intensive & High proportion of capital costs compared to labor cost \{\{nl\}\} Leads to increased levels of output and productivity \{\{nl\}\} Needs sufficient demand to justify capital investment \{\{nl\}\} Homogenous products; may have no USP \{\{nl\}\} Standardisation means low profit margins and high fixed costs \tn 
% Row Count 18 (+ 11)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
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\mymulticolumn{2}{x{8.4cm}}{Choice depends on: \newline Relative cost and substitution \newline Market size \newline Aims and objectives of the organization}  \tn 
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\begin{tabularx}{8.4cm}{X}
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\mymulticolumn{1}{x{8.4cm}}{\bf\textcolor{white}{Combining methods of production}}  \tn
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\mymulticolumn{1}{x{8.4cm}}{Businesses usually combine the different methods of production, e.g. Burger King: uses batch production (making burgers in batches) and job production (customizable burgers for customers). \newline % Row Count 4 (+ 4)
Possibility of customization, flexibility, and lower costs% Row Count 6 (+ 2)
} \tn 
\hhline{>{\arrayrulecolor{DarkBackground}}-}
\end{tabularx}
\par\addvspace{1.3em}


% That's all folks
\end{multicols*}

\end{document}