• Explain the difference between CAD and CAM
• Explain why operational flexibility is important.
• Differentiate between process innovation and product innovation.
• Explain why both process innovation and product innovation can be important for a business
• Explain why a business might switch from batch production to flow production – and the problems that mightresult from this.
• Explain the link between economies of scale and diseconomies of scale and unit costs.
• Evaluate the important factors that are likely to influence the location decision for a new cinema.