Discover the Pros and Cons of using Batch Production in business with examples from Nike and the production of their sneakers.
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In this video you'll learn about the key factors of batch production, including economies of scale, increased efficiency, and quality control, as well as potential drawbacks like longer lead times, excess inventory, and demotivated workforce.
Chapters:
00:00 The basics of batch production
00:19 Why bakeries use batch production
00:29 The benefits of using batch production
01:14 Why Nike uses batch production
01:47 The drawbacks of using batch production
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