A | B |
Research & development | the process of scientific and technological research and then development of the findings of that research before a product is launched |
Stocks | materials that a business holds, either waiting to be used in the production process, or finished stock waiting to be developed to its customers |
Supplier | a business which sells to or supplies products to another business |
Batch of production | when a product is made in stages |
Flow production | where a a product is made continously often through a assembly line |
Job production | where a product is made individually from start to finish like a bridge or an aeroplane. Each product is unique |
Process production | product is made continuously by being passed through a production plant rather than a assembly line |
Production | Making a product to sell to consumers |