5.3 Lean Production
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th
20 June
Unit 5 5.4 Location
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27th June
Unit 5 5.5 Production Planning (HL Only)
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5.6 Research and Development (HL Only)
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Cradle-cradle design and manufacturing Quality control vs quality assurance TQM 5.3 Case Study Practice Factors affecting location Globalisation Outsourcing
Supply chain Stock control Productivity
Does the idea of “good” quality change with time and place?
Practice case study
Globalisation Change Culture
Is quality always a measure of value? What are the appropriate ways for leaders to decide on location? Is it possible for business leaders to anticipate the impacts of their location decisions?
Globalisation
To what extent are location decisions such as outsourcing and insourcing ethically determined? Is it possible to draw an exhaustive supply chain diagram? Are the capacity utilization rate and productivity rate always open to interpretation?
The importance of research and development for a business
Innovation Strategy
What is the role of creativity, imagination, and emotion in a business context? Imagination is more important than knowledge. How can Einstein’s famous words be reinterpreted in a business context? Can one make an argument that the more people’s needs and wants are met, the more difcult innovation is?
