{"id":3149,"date":"2023-02-19T16:11:46","date_gmt":"2023-02-19T16:11:46","guid":{"rendered":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/chapter\/apply-it-13-2-production-processes\/"},"modified":"2025-05-13T18:00:30","modified_gmt":"2025-05-13T18:00:30","slug":"apply-it-13-2-production-processes","status":"publish","type":"chapter","link":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/chapter\/apply-it-13-2-production-processes\/","title":{"raw":"Apply It 13.2: Production Processes","rendered":"Apply It 13.2: Production Processes"},"content":{"raw":"<section class=\"textbox learningGoals\">\r\n<ul>\r\n\t<li><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Understand what operations management is&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:14720,&quot;10&quot;:0,&quot;11&quot;:4,&quot;14&quot;:{&quot;1&quot;:2,&quot;2&quot;:0},&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Understand what project- or job-based production is<\/span><\/li>\r\n\t<li><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Understand how operations management functions in the service industry&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:14720,&quot;10&quot;:0,&quot;11&quot;:4,&quot;14&quot;:{&quot;1&quot;:2,&quot;2&quot;:0},&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Understand the difference between batch production and mass production<\/span><\/li>\r\n<\/ul>\r\n<\/section>\r\n<section class=\"textbox example\"><iframe src=\"\/\/plugin.3playmedia.com\/show?mf=2747659&amp;p3sdk_version=1.10.1&amp;p=20361&amp;pt=375&amp;video_id=QsXjQ_OkcGk&amp;video_target=tpm-plugin-smovvdz0-QsXjQ_OkcGk\" width=\"800px\" height=\"520px\" frameborder=\"0\" marginwidth=\"0px\" marginheight=\"0px\"><\/iframe><br \/>\r\nYou can <a href=\"https:\/\/course-building.s3-us-west-2.amazonaws.com\/Intro+to+Business\/Transcriptions\/GivingLifetoPeeps_transcript.txt\" target=\"_blank\" rel=\"noopener\">view the transcript for \"Giving life to Peeps at the Just Born Factory\" (opens in new window).<\/a><\/section>\r\n<section class=\"textbox tryIt\">[ohm2_question height=\"300\"]4327[\/ohm2_question]<\/section>\r\n<section class=\"textbox linkToLearning\">\r\n<h2>Getting Rid of Inventory<\/h2>\r\n<p>Sometimes business realize they have produced too much product. It may be because they predicted a higher level of sales that never materialized. This was the case for Funko, makers of pop culture memorabilia, when they decided to <a href=\"https:\/\/www.npr.org\/2023\/03\/04\/1161070238\/funko-pop-landfill\">dump over $30 million of their vinyl toys<\/a>.<\/p>\r\n<p>In contrast, when sneaker manufacturer Adidas announced they were cutting ties with Ye, formerly known as Kanye West, due to the rapper's anti-semitic remarks, they eventually decided to sell some Yeezy merchandise which was associated with West.[footnote]Hunt, Joshua. \u201cHow Adidas Uncanceled Yeezy.\u201d GQ, June 1, 2023. https:\/\/www.gq.com\/story\/kanye-west-adidas-yeezy-inventory[\/footnote] <a href=\"https:\/\/www.npr.org\/2023\/02\/13\/1155965676\/adidas-repurpose-unsold-yeezy-options-kanye-west\">Adidas has a number of options to dispose of the remaining merchandise<\/a> if they don't want to dump their goods like Funko did.<\/p>\r\n<\/section>\r\n<p>&nbsp;<\/p>","rendered":"<section class=\"textbox learningGoals\">\n<ul>\n<li><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Understand what operations management is&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:14720,&quot;10&quot;:0,&quot;11&quot;:4,&quot;14&quot;:{&quot;1&quot;:2,&quot;2&quot;:0},&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Understand what project- or job-based production is<\/span><\/li>\n<li><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Understand how operations management functions in the service industry&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:14720,&quot;10&quot;:0,&quot;11&quot;:4,&quot;14&quot;:{&quot;1&quot;:2,&quot;2&quot;:0},&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Understand the difference between batch production and mass production<\/span><\/li>\n<\/ul>\n<\/section>\n<section class=\"textbox example\"><iframe loading=\"lazy\" src=\"\/\/plugin.3playmedia.com\/show?mf=2747659&amp;p3sdk_version=1.10.1&amp;p=20361&amp;pt=375&amp;video_id=QsXjQ_OkcGk&amp;video_target=tpm-plugin-smovvdz0-QsXjQ_OkcGk\" width=\"800px\" height=\"520px\" frameborder=\"0\" marginwidth=\"0px\" marginheight=\"0px\"><\/iframe><br \/>\nYou can <a href=\"https:\/\/course-building.s3-us-west-2.amazonaws.com\/Intro+to+Business\/Transcriptions\/GivingLifetoPeeps_transcript.txt\" target=\"_blank\" rel=\"noopener\">view the transcript for &#8220;Giving life to Peeps at the Just Born Factory&#8221; (opens in new window).<\/a><\/section>\n<section class=\"textbox tryIt\"><iframe loading=\"lazy\" id=\"ohm4327\" class=\"resizable\" src=\"https:\/\/ohm.one.lumenlearning.com\/multiembedq.php?id=4327&theme=lumen&iframe_resize_id=ohm4327&source=tnh&show_question_numbers\" width=\"100%\" height=\"300\"><\/iframe><\/section>\n<section class=\"textbox linkToLearning\">\n<h2>Getting Rid of Inventory<\/h2>\n<p>Sometimes business realize they have produced too much product. It may be because they predicted a higher level of sales that never materialized. This was the case for Funko, makers of pop culture memorabilia, when they decided to <a href=\"https:\/\/www.npr.org\/2023\/03\/04\/1161070238\/funko-pop-landfill\">dump over $30 million of their vinyl toys<\/a>.<\/p>\n<p>In contrast, when sneaker manufacturer Adidas announced they were cutting ties with Ye, formerly known as Kanye West, due to the rapper&#8217;s anti-semitic remarks, they eventually decided to sell some Yeezy merchandise which was associated with West.<a class=\"footnote\" title=\"Hunt, Joshua. \u201cHow Adidas Uncanceled Yeezy.\u201d GQ, June 1, 2023. https:\/\/www.gq.com\/story\/kanye-west-adidas-yeezy-inventory\" id=\"return-footnote-3149-1\" href=\"#footnote-3149-1\" aria-label=\"Footnote 1\"><sup class=\"footnote\">[1]<\/sup><\/a> <a href=\"https:\/\/www.npr.org\/2023\/02\/13\/1155965676\/adidas-repurpose-unsold-yeezy-options-kanye-west\">Adidas has a number of options to dispose of the remaining merchandise<\/a> if they don&#8217;t want to dump their goods like Funko did.<\/p>\n<\/section>\n<p>&nbsp;<\/p>\n<hr class=\"before-footnotes clear\" \/><div class=\"footnotes\"><ol><li id=\"footnote-3149-1\">Hunt, Joshua. \u201cHow Adidas Uncanceled Yeezy.\u201d GQ, June 1, 2023. https:\/\/www.gq.com\/story\/kanye-west-adidas-yeezy-inventory <a href=\"#return-footnote-3149-1\" class=\"return-footnote\" aria-label=\"Return to footnote 1\">&crarr;<\/a><\/li><\/ol><\/div>","protected":false},"author":21,"menu_order":10,"template":"","meta":{"_candela_citation":"[{\"type\":\"copyrighted_video\",\"description\":\"Giving life to Peeps at the Just Born factory\",\"author\":\"\",\"organization\":\"TheNewsTimesPPP\",\"url\":\"https:\/\/www.youtube.com\/watch?v=QsXjQ_OkcGk\",\"project\":\"\",\"license\":\"arr\",\"license_terms\":\"Standard YouTube License\"}]","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"part":3138,"module-header":"apply_it","content_attributions":[{"type":"copyrighted_video","description":"Giving life to Peeps at the Just Born factory","author":"","organization":"TheNewsTimesPPP","url":"https:\/\/www.youtube.com\/watch?v=QsXjQ_OkcGk","project":"","license":"arr","license_terms":"Standard YouTube License"}],"internal_book_links":[],"video_content":null,"cc_video_embed_content":{"cc_scripts":"","media_targets":[]},"try_it_collection":null,"_links":{"self":[{"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/pressbooks\/v2\/chapters\/3149"}],"collection":[{"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/wp\/v2\/users\/21"}],"version-history":[{"count":11,"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/pressbooks\/v2\/chapters\/3149\/revisions"}],"predecessor-version":[{"id":9218,"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/pressbooks\/v2\/chapters\/3149\/revisions\/9218"}],"part":[{"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/pressbooks\/v2\/parts\/3138"}],"metadata":[{"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/pressbooks\/v2\/chapters\/3149\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/wp\/v2\/media?parent=3149"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/pressbooks\/v2\/chapter-type?post=3149"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/wp\/v2\/contributor?post=3149"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/introductiontobusiness\/wp-json\/wp\/v2\/license?post=3149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}