Efficiency and Productivity (AQA AS Business): Exam Questions

Exam code: 7131

9 mins4 questions
1
1 mark

Which one of these factors is not a feature of lean production?

  • Frequent deliveries from suppliers

  • Long lead times

  • Low inventory levels

  • Right first time quality

2
6 marks

Analyse how the use of technology might improve operational efficiency in a manufacturing business.

3
1 mark

The table below shows four different scenarios.

Scenario

Change in interest rates

Change in wages

A

Increase

Increase

B

Increase

Decrease

C

Decrease

Increase

D

Decrease

Decrease

Which scenario is most likely to encourage a business to change from labour-intensive processes to capital-intensive processes?

  • Scenario A

  • Scenario B

  • Scenario C

  • Scenario D

4
1 mark

Statement 1: ‘Introducing lean production can improve cash flow by reducing levels of inventory.’

Statement 2: ‘Introducing lean production can improve profitability by reducing waste.’

Read statements 1 and 2 and select the correct option from the following:

  • Statement 1 is true. Statement 2 is true.

  • Statement 1 is true. Statement 2 is false.

  • Statement 1 is false. Statement 2 is true.

  • Statement 1 is false. Statement 2 is false.