ECONOMICS
PRODUCTIVITY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Yes, I understand this from the notes
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No, I don’t understand this from the notes
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No, I don’t understand this, as I have not read the notes
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None of the above
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Detailed explanation-1: -Assembly is the process of combining individual components into a finished product during manufacturing. An assembly may also refer to a single-level bill of material (BOM), a multilevel BOM, or a top-level BOM. Assemblies may be comprised of mechanical, electrical, or software components.
Detailed explanation-2: -An assembly line is a production process that breaks the manufacture of a good into steps that are completed in a pre-defined sequence. Assembly lines are the most commonly used method in the mass production of products. They reduce labor costs because unskilled workers are trained to perform specific tasks.
Detailed explanation-3: -A way to produce mass goods quickly, workers don’t have to be human-robotic workers can make up an assembly line. Common examples of assembly lines include the assembly of complex products like automobiles or transportation equipment, household appliances, and electronic goods.
Detailed explanation-4: -The assembly line sped up the manufacturing process dramatically. It allowed factories to churn out products at a remarkable rate, and also managed to reduce labor hours necessary to complete a product-benefiting many workers who used to spend 10 to 12 hours a day in the factory trying to meet quotas.