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What method of mass production increased the supply and reduced the cost of the automobile?
The method of mass production that significantly increased the supply and reduced the cost of the automobile is the assembly line technique, pioneered by Henry Ford in the early 20th century. This approach streamlined the manufacturing process by breaking down the production into smaller, repetitive tasks performed by workers or machines along a conveyor belt. As a result, it drastically lowered production time and costs, enabling the mass production of automobiles at a price that was accessible to a larger segment of the population.
What else can I help you with?
What is lactulose source or method of production?
lactulose is manufactured by enzymatic isomerization of lactose.
How do you increase crop production on the same piece of land?
there are two different ways -multiple cropping method and modern farming method
What is an engineering cost curve and what is the relevance of an engineering cost curve in economics?
The engineering cost curve are derived with the help of engineering production function . The productionfunction specified the techniques of production, the embodiment of labor and capital etc. It means that each production method is divided into sub activities corresponding to the various physical and technical phases of production for the particular commodity. Engineering production method/function are characterised by a limited number of methods of production. The production iso-quants are kinked reflecting that the factor subsititutablity is limited. It means that the factor of production can be substituted is only possible at kinked of iso-quants.
Explain the forward planning of managerial economics?
A method for determining a production schedule by beginning with the production start date and workingforward to determine the production completion date.In this role, you will be responsible for managing the monthly planning schedule, prioritizing key item production and maintaining a forward-looking demand and production...
Supply a menu example that uses a farce and describe the production method?
BB chicken with homemade stuffing
Who started the assembly line method of production?
The assembly line method of production was popularized by Henry Ford in the early 20th century. Although the concept of assembly lines existed before, Ford revolutionized it by implementing moving assembly lines in his factories, notably for the Model T automobile. This innovation significantly increased efficiency and reduced production costs, transforming manufacturing processes across various industries.
Ford's mass-production method on a moving line was called an?
The Ford method of mass production on a moving line was called the assembly line. It revolutionized manufacturing through the use of interchangeable parts and a sequential process that increased efficiency and reduced production time.
Who developed the assembly-line method of production for automobile?
Ransom Olds of Oldsmobile had an assembly line method but Henry Ford perfected it.
What innovation is Henry ford known for besides cars?
Besides revolutionizing the automobile industry, Henry Ford is renowned for pioneering the assembly line production method. This innovation significantly increased manufacturing efficiency and reduced production costs, making products more accessible to the general public. Additionally, Ford introduced the concept of paying workers a living wage, which helped boost the economy by enabling employees to afford the very products they were making.
How did Henry Ford affect the automobile industry?
Henry Ford revolutionized the automobile industry by introducing the assembly line production method, which significantly reduced manufacturing costs and time. This innovation allowed for the mass production of affordable cars, most notably the Model T, making automobiles accessible to the general public. Ford also implemented the $5 workday, which not only improved employee satisfaction but also increased consumer purchasing power, further stimulating demand for cars. His practices laid the groundwork for modern manufacturing and labor relations in the automotive sector.
What was the most important effect on Henry Ford's method of automobile production?
Manufacturers could produce more luxury cars for the wealthy.m
When a vehicle such as an automobile was invented what the most common method of transportation was?
the automobile
What was the Production Budget for A Dangerous Method?
The Production Budget for A Dangerous Method was $20,000,000.
What was the most common method of transport when the automobile was inventedation?
walking
What method of manufacturing did Henry Ford use for his automobile?
An assembly line
Who invented assembly-line method of production?
Henry Ford invented the assembly-line method of production
Why a tire rotation method is used in an automobile?
clockwise
