Use Standard bank as a Workplace

Include references

INGB 523 Assignment | Question 2 Manufacturing Processes. 2.The productprocess matrix links the type of process with the volumevariety characteristics of the product. Misalignment between process choice and product requirements usually leads to high costs, poor delivery or weak flexibility. 2.1.Describe briefly the good or service produced in your workplace (or another organisation you know well). List the main processes involved in sequence. (3) 2.2.Present a simple process flow diagram showing the main steps in the value chain. (3) 2.3.Position your organisation on the productprocess matrix. State which process type best describes it and justify your choice with reference to volume and variety. (4) 2.4.Evaluate whether the organisation's process choice is aligned with the product's volumevariety characteristics. If alignment exists, provide a reasoned explanation. If misalignment is present, propose one improvement