The document discusses four main methods of production: just-in-time production, job production, batch production, and flow production. It provides details on the advantages and disadvantages of each method. Just-in-time production involves producing only what is needed when it is needed with no stock held. Job production involves a single worker or group handling a complete task. Batch production involves groups of items moving through production stages together. Flow production involves continuous production with the product flowing from one process to the next.