0
Efficiency is important because manufacturers must compete with one another. More efficient manufacturers can offer better goods at lower prices. Efficient manufacturers make greater profits, faster, with less waste.
If you like my answer, please recommend me as a contributor!
Wiki User
∙ 13y ago
Wiki User
∙ 12y agoBecause producers who are efficient do well selling there products because they can sell better goods for a lower price
Add your answer:
Earn +20 pts
What technique did manufacturers use to increase efficiency between manufacturing steps?
Assembly lines
What is manufacturing cycle efficiency?
Manufacturing Cycle Efficiency is value add (VA) time divided by non-value add(NVA) time. That is, in the entirety of a process flow or value stream flow, the total of value added time divided by the total of non-value added time. For example, total manufacturing cycle time of 28 days. Of the total, let's say there is 1 day worth of VA time and 27 days of NVA time. That means your cycle efficiency comes to 3.7%.
Why are form specifications important in manufacturing?
xcdsd
Describe the creteria an organization should use to select an ideal manufacturing process for an organization?
Organizations use cost, efficiency, and quality.
What are the types of manufacturing?
There are many types like Custom manufacturing and intermittent manufacturing The types of manufacturing important to Canada's economy include automobile manufacturing, oil refining, paper and pulp industries, beer brewing, and high-tech industries. Other important activities include meat processing and iron and steel manufacturing. Manufacturing involves the transformation of a natural resource into a more useful or useable form. Canada has a long history of manufacturing and is a world leader in these activities. It is also a modern economy and its high-tech industries supply products to the space industry. About 16% of the labor force has jobs in manufacturing and manufacturing accounts for about 20% of the output of the country.
Why is the efficiency of a boat so important?
because it just is
What is unique to manufacturing?
Improve the Production efficiency and save the cost to company
What technique did manufacturers use to increase efficiency between manufacturing steps?
Assembly lines
How much does the Doppelmayr affect manufacturing in today's economy?
The Doppelmayr affects the manufacturing in today's economy in several different ways. The Doppelmayr can affect the prices of manufacturing, as well as the efficiency in which items can be manufactured.
Explain why the efficiency of a boat is important?
yes , boat efficiency is important because it saves many resources
Why do you think its important for 3 judges to hear instead of one?
So they can decide with more efficiency.
What does pharmeceutical manufacturing involve in terms of drug manufacturing?
Pharmaceutical manufacturing, in terms of drug manufacturing involves industrial scale production of drugs. Automated systems, quality control and traceable product codes are all requirements for safety and efficiency.
What is a factory?
A factory is a system which brings manufacturing steps together in one place to increase efficiency.
Why do we need process efficiency?
Process efficiency is important so that there is very little wastage of time and resources. Inefficient processes lead to many interruptions or a poor end product.
What is one way that steam-powered machinery changed manufacturing?
It helped to increase efficiency in speed and power
Why is manufacturing important to Ohio?
Without manufacturing, we would not have glass, rubber, etc.
What are the three important phases in the manufacturing process?
3 phases in manufacturing process
