1) Which term describes the cost per item made? a) Setup Cost b) Unit Cost c) Labour Cost 2) Job Production is best suited for products requiring: a) Bespoke Quality b) Standardisation c) Mass Markets 3) True or False: Flow production has the highest unit cost. a) True b) Depends on market c) False 4) Which type of worker is most likely to be employed in Job Production? a) Unskilled b) Highly Skilled c) Semi Skilled 5) What advantage do Flow production businesses gain from making millions of products? a) Niche Markets b) Economies of Scale c) Premium Pricing 6) The Cadbury factory making a run of 10,000 Dairy Milk bars before switching to 10,000 Fruit & Nut bars is an example of: a) Batch b) Job c) Flow 7) What kind of pricing is associated with Job Production? a) Low b) Intermediate c) Premium 8) Which term describes a small, specialised part of a market? a) Mass Market b) Open Market c) Niche Market 9) True or False: Low Initial Setup Cost is a feature of Flow Production. a) False b) True c) Neither 10) Which production process aims for Consistent standardised quality? a) Job b) Batch c) Flow 11) Which production method uses the term 'Intermediate Wages'? a) Job b) Batch c) Flow 12) A car factory, like Nissan in Sunderland, producing thousands of identical Qashqai models uses which method? a) Job b) Flow c) Batch 13) What is a key feature of Job production's output? a) Attention to Detail b) Standardised c) Low Priced 14) Which term is used to describe a production process where quality can be checked between groups of items? a) Low Unit Costs b) Highly Skilled Labour c) Quality Control 15) If a product is sold to almost everyone, it targets a: a) Niche Market b) Mass Market c) Local Market

Production and Cost Concepts Quiz

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