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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.
Both graphical and mathematical expressions are presented and demonstrated. The production function is a simple description of the mechanism of income generation in production process. It consists of two components. These components are a change in production input and a change in productivity. [14] Components of economic growth (Saari 2006,2)
Production is often based on units (e.g. flour mills) which produce a single output from more than one input. A separable production set has a single output if exactly one field contains a positive entry. Labour consumption. Labour is usually an input to all elements of a production set which have any positive output. Irreversibility.
Continuous-flow manufacturing, or repetitive-flow manufacturing, is an approach to discrete manufacturing that contrasts with batch production.It is associated with a just-in-time and kanban production approach, and calls for an ongoing examination and improvement efforts which ultimately requires integration of all elements of the production system.
In economics, a production function gives the technological relation between quantities of physical inputs and quantities of output of goods. The production function is one of the key concepts of mainstream neoclassical theories, used to define marginal product and to distinguish allocative efficiency, a key focus of economics. One important ...
Manufacturing engineering or production engineering is a branch of professional engineering that shares many common concepts and ideas with other fields of engineering such as mechanical, chemical, electrical, and industrial engineering. Manufacturing engineering requires the ability to plan the practices of manufacturing; to research and to ...
Fordism is an industrial engineering and manufacturing system that serves as the basis of modern social and labor-economic systems that support industrialized, standardized mass production and mass consumption. The concept is named after Henry Ford.
The strategic elements of lean can be quite complex, and comprise multiple elements. Four different notions of lean have been identified: [44] Lean as a fixed state or goal (being lean) Lean as a continuous change process (becoming lean) Lean as a set of tools or methods (doing lean/toolbox lean) Lean as a philosophy (lean thinking)