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At the top level, they are often classified according to the three-sector theory into sectors: primary (extraction and agriculture), secondary (manufacturing), and tertiary (services). Some authors add quaternary (knowledge) or even quinary (culture and research) sectors. Over time, the fraction of a society's activities within each sector changes.
The factory system is a method of manufacturing whereby workers and manufacturing equipment are centralized in a factory, the work is supervised and structured through a division of labor, and the manufacturing process is mechanized. [1] [2] [3] Because of the high capital cost of machinery and factory buildings, factories are typically ...
A factory, manufacturing plant or production plant is an industrial facility, often a complex consisting of several buildings filled with machinery, where workers manufacture items or operate machines which process each item into another.
Cement factories, part of the manufacturing industry, produce product for the construction industry (also known as the building industry). This factory was in Malmö, Sweden. Burj al Arab as a symbol for the hospitality industry An image of the motor industry (automotive industry), a supplier to the transport industry.
It can help in efficient manufacturing or setting up of a production site by facilitating required needs. [2] A production plan is made periodically for a specific time period, called the planning horizon. It can comprise the following activities: Determination of the required product mix and factory load to satisfy customers needs. [3]
In an industrial society, industry employs a major part of the population. This occurs typically in the manufacturing sector. A labour union is an organization of workers who have banded together to achieve common goals in key areas such as wages, hours, and other working conditions.
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In short, manufacturing facilities must be able to exhibit high levels of flexibility and robustness despite significant changes in their operating requirements. In industry sectors, it is important to manufacture the products which have good quality and meet customers’ demand.