Which two factors are important to consider when choosing a production method?

Latest technology often able to produce larger amount of products with significantly lower time. This will help reduce the overall cost of production in the long run. Business owner need to consider this and calculate whether the initial investment that needed to be made to install the technology will worth the value in the long run.

Nature of the products consisted of all the characteristics that our products process. For example food products tend to not have a long shelf life unlike fashion product. This difference in characteristics influence the type of production method that business owners could implement.

For example, It is impossible for business owners to mass produce produce food products with the expectation that it can maintain their quality in the warehouse, but producer of fashion products could make that expectation.

Parrain Parrain · Answer 2 · 2022-01-25T11:25:11+01:00

Two methods that should be thought about when choosing a production method are:

Quality of product.
Size of market.

Choosing a production method

Method should be chosen based on how high the quality of the product should be as different methods produce different qualities.
The size of the market being served is also important as some methods will produce more goods than others.

In conclusion, there are several things to look out for when choosing a production method and two of them are quality and size of market.

Find out more on production methods at https://brainly.com/question/9386061.