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  2. Mass production - Wikipedia

    en.wikipedia.org/wiki/Mass_production

    Mass production, also known as flow production, series production, series manufacture, or continuous production, is the production of substantial amounts of standardized products in a constant flow, including and especially on assembly lines.

  3. Bessemer process - Wikipedia

    en.wikipedia.org/wiki/Bessemer_process

    The Bessemer process was the first inexpensive industrial process for the mass production of steel from molten pig iron before the development of the open hearth furnace. The key principle is removal of impurities from the iron by oxidation with air being blown through the molten iron. The oxidation also raises the temperature of the iron mass ...

  4. Fordism - Wikipedia

    en.wikipedia.org/wiki/Fordism

    The mass production of this automobile lowered its unit price, making it affordable for the average consumer. Furthermore, Ford substantially increased his workers' wages [ 9 ] to combat rampant absenteeism and employee turnover, which approached 400% annually, which had the byproduct of giving them the means to become customers.

  5. Productivity-improving technologies - Wikipedia

    en.wikipedia.org/wiki/Productivity-improving...

    Productivity-improving technologies date back to antiquity, with rather slow progress until the late Middle Ages. Important examples of early to medieval European technology include the water wheel, the horse collar, the spinning wheel, the three-field system (after 1500 the four-field system—see crop rotation) and the blast furnace.

  6. Methods of production - Wikipedia

    en.wikipedia.org/wiki/Methods_of_production

    Batch production is used in many different ways and is most suited to when there is a need for a quality/quantity balance. This technique is probably the most commonly used method for organizing manufacture and promotes specialist labor, as very often batch production involves a small number of persons.

  7. Tesla nears deal to build production facilities in Indonesia ...

    www.aol.com/finance/tesla-nears-deal-build...

    800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. ... (Reuters) - Tesla Inc is nearing a preliminary deal to build production facilities in Indonesia with a capacity of one million ...

  8. Assembly line - Wikipedia

    en.wikipedia.org/wiki/Assembly_line

    According to Domm, the implementation of mass production of an automobile via an assembly line may be credited to Ransom Olds, who used it to build the first mass-produced automobile, the Oldsmobile Curved Dash. [18] Olds patented the assembly line concept, which he put to work in his Olds Motor Vehicle Company factory in 1901. [19]

  9. The 5 Fastest Ways To Become Rich, According To Experts - AOL

    www.aol.com/finance/5-fastest-ways-become-rich...

    Tips: 6 Ways To Start Building Generational Wealth for Your Family. 1. Avoid (and Pay Down) Debt. ... The 5 Fastest Ways To Become Rich, According To Experts. Show comments. Advertisement.