What the assembly line did was it served to speed up production and make work easier. The idea being that many unskilled workers would take the place of the few skilled workers. The assembly line produces more products in a short period of time which means that companies can sell their product at a cheaper cost making the product more affordable to consumers.
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ford
Basically, line balancing is a production plan that involves setting an intended rate of production for materials, which need to be constructed within a certain time. If there is a hold-up, then the line or plan becomes unbalanced - probably resulting in extra production costs, a cancelled order, or penalty charges for late completion or delivery.
Not all fixed costs are irrelevant when making decisions. While fixed costs do not change with production levels in the short term, they can still impact long-term strategic decisions and overall profitability. For instance, when evaluating whether to continue or discontinue a product line, fixed costs should be considered in the context of potential future revenues and contributions to fixed expenses. In summary, while fixed costs may not affect short-term operational decisions, they can be relevant in broader financial assessments.
They are costs that involve an element of both fixed and variable costs eg a telephone bill involves line rental (fixed) plus cost for calls made (variable)
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it lowered it
Henry Ford invented the assembly-line method of production
One effect that did not happen was that people were notreplaced by machines.
Assembly line mass production required coordination, cooperation and an understanding of continuous flow operations.
Assembly line mass production required coordination, cooperation and an understanding of continuous flow operations.
Henry Ford invented the assembly -line method of production in 1913
The assembly line revolutionized manufacturing by enabling the mass production of goods, most notably automobiles. It allowed for the efficient, sequential assembly of products, significantly reducing production time and costs. This method was famously utilized by Henry Ford in the early 20th century, leading to the rapid production of the Model T. Beyond cars, the assembly line has been adapted for various industries, producing everything from electronics to consumer goods.
As the assembly line mode of production improved, it took less time to build a vehicle. This resulted in a lower price. As an example, the 1909 Ford Model T sold for $825 but by 1927, the last year of production the price had fallen to $360.
An assembly line is a specific method of organizing the production process that allows for the mass production of goods. Mass production refers to the manufacturing of large quantities of standardized products using this efficient assembly line technique. Thus, assembly lines are a key component of mass production.
assembly line
Ford made the assembly line for his cars.