can’t believe i’ve just discovered your channel two days before my a level exam!! I’m fuming, your videos are amazing and I wasted 2 years teaching myself out of a textbook! Really appreciate all the videos.
Loving the content, been making extraordinary notes from these well-explained videos. I was wondering on top of your 'Protectionism' video, if it's possible if you can make more Globalisation Topic videos, such as 'Trading blocs' or 'Growing economies.' Thank you!
Could you say that batch production allows for purchasing economics of scale because the firm can buy materials in bulk for the use of making group products? Also is it right to say that batch production still allows scope for customisation because the firm can make a product in batches and merely add changes to it at the end? For example, a cupcake business can bake all the cupcakes in batches and then just add the decoration the client wants at the end. As always thank you for your videos they are great?
@@TakingTheBiz thank you for your reply. means a lot 😊 one more thing; - Does increased efficiency lead to economies of scale because a firm is maximising its outputs with its given inputs. This leads to average unit costs decreasing. ? is this right? Thanks.
cell production is a lean production method for imporving the efficiency. this is done by separating the production line into units, so that one specialized team can work on the unit they are best at in the production line (specialization)
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can’t believe i’ve just discovered your channel two days before my a level exam!! I’m fuming, your videos are amazing and I wasted 2 years teaching myself out of a textbook! Really appreciate all the videos.
yea me too
Cant wait to use your channel, Doing GCSE business atm but planning on doing a-level business and this will be so useful
Better than my textbook👏🏾
But only a little bit ;)
Loving the content, been making extraordinary notes from these well-explained videos. I was wondering on top of your 'Protectionism' video, if it's possible if you can make more Globalisation Topic videos, such as 'Trading blocs' or 'Growing economies.' Thank you!
Thank you for the comment. I'm hoping to prepare some Theme 4 videos in the run up to Easter
your videos are really helpful, it would be more helpful if you could do a separate video on how to analyse the question paper in A levels.
thank you
Man just answer the flipping question
Could you say that batch production allows for purchasing economics of scale because the firm can buy materials in bulk for the use of making group products? Also is it right to say that batch production still allows scope for customisation because the firm can make a product in batches and merely add changes to it at the end? For example, a cupcake business can bake all the cupcakes in batches and then just add the decoration the client wants at the end. As always thank you for your videos they are great?
All of these assertions are correct. The economies of scale will be greater than job production, although maybe not mass/flow production
@@TakingTheBiz thank you for your reply. means a lot 😊 one more thing;
- Does increased efficiency lead to economies of scale because a firm is maximising its outputs with its given inputs. This leads to average unit costs decreasing. ? is this right?
Thanks.
I'd say it's the other way around - Econ of scale leads to greater efficiency because, as you say, unit cost falls
What are the key features?
Good video
Hi
What about cell production?
cell production is a lean production method for imporving the efficiency. this is done by separating the production line into units, so that one specialized team can work on the unit they are best at in the production line (specialization)
Cell production is a form of batch production
What is mass production
Producing standardised productions in huge quantities on a production line
@@TakingTheBiz Clear though you should make a vid about that. Great vid good works.
@@badass0073 he already did: ruclips.net/video/IZLq609hC9A/видео.html