Specialization, standardization of equipment, and the division of human labor are the three main elements of bulk manufacturing, also known as mass production, flow production, or continuous production. Manufacturing substantial amounts of standardized consumer goods in a constant flow, including and especially on assembly lines, with job and batch production, is one of the three primary production methods. Wikipedia
An early example of mass production dates back to 1913 when Henry Ford and his colleagues at the Ford Motor Company pioneered the first assembly line technique for the industrialist famous Model T. Using a moving belt conveyor to assemble flywheel magnetos, inventor Henry Ford brought these early concepts together in a coherent form and created the modern, integrated mass production operation at the Ford Motor Company.
Assembled at Ford’s revolutionary moving assembly line at Highland Park Plant, The Ford Motor Company could sell the vehicle for between $260 and $850, an average of eighteen thousand of today’s dollars. The automated assembly line production process required fewer workers, creating higher efficiency levels. Henry Ford passed production savings on to his customers, and the Model T brought mobility and prosperity on an undreamed-of scale.
We can manufacture anything consumers need in larger quantities with mass production methods. Mass production assembly lines result in lower prices for consumer goods without the manufacturer sacrificing profits. Economies of scale lead to the most affordable product price for the consumer.
WE&P by: EZorrilla.