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What Are The Methods Of Production?

What are the ways related to economics (prices and activity)

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    There are four main methods of production which are commonly used in terms of economics and business. These are as follows:

    Job Production:
    If a product is produced with the help of labor of a single worker it is known as job production. This method of production is used when limited products are produced or only a prototype is to be produced.

    Boutique Manufacturing:
    This kind of production method is used when small batches of a product are to be produced. It features high standardization.

    Batch Production:
    When different types of the same product is to be produced in high quantities, then batch production is used. Here, products of same kind, form a single batch and are processes on the production line.

    Flow Production:
    Flow production is actually Mass production. This process is to be used when a single product has to be manufactured in bulk.

    1 0

    Lily_j  

    answered 1 year ago

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