Total Cost Minimization

Amazing Essays
Total cost Minimization What if everything was built by hand from the cars we drive to our smartphones we use all the time? Well you probably wouldn’t have that car your driving or the phone your using to text and tweet on, because it would take so long to be built buy hand the stocks would be extremely limited. Another reason you wouldn’t have it is because of its cost, the worker must work many hours to build these complex machines and at an extremely small production rate the market prices would be immense, making it extremely difficult for the common man to buy. However, thanks to the invention of the assembly line production time has been cut down to a fraction of what it would take to do by hand, and assembly lines have increased the …show more content…
This is thanks to Henry ford who created the idea of instead of people moving to the car to install the thousands of parts necessary in the model t, the car move to them. An article on the Ford website explains the first assembly line by stating “The first moving assembly line. It simplified assembly of the Ford Model T’s 3,000 parts by breaking it into 84 distinct steps performed by groups of workers as a rope pulled the vehicle chassis down the line.” Although the process seems primitive compared to our computerized assembly line, one hundred years ago this idea revolutionized the world. Another statement from the ford website says “The new process revolutionized production and dropped the assembly time for a single vehicle from 12 hours to about 90 minutes.” This process manufactured the model t eight times faster which increased profit and decreased the cost. According to the ford website, they were eventually they were making a model t every 24 seconds. Although Henry Ford’s idea to pull the chassis seems out dated to us at the time it gave amazing results and even now we are seeing the results of this idea reflect in our lives. Things are being mass produced on an unimaginable level, thanks to the assembly line. The invention of the assembly line has decreased the time it takes to make the product buy a substantial …show more content…
Thanks to Henry Ford and his goal to provide us with low cost automotive and make the assembly process as efficient as possible and a well understanding of how time and money are related, he invented the assembly line. The assembly line became the most efficient process in manufacturing product on a large scale which allowed manufactures to meet the consumer’s demands. The assembly line allowed for low market prices because everything was made in bulk and each product was made faster and spent less time being manufactured and more products were being made. Also the material and parts required were also manufactured on an assembly line in bulk and sold in bulk. In todays society there is a high demand for everything and with a rising population we need to produce a lot of goods and the only way this would be done accurately and safety is by computerized assembly lines which not only increased the number of products manufactured it did it with extreme cost efficiency. The assembly line industrialized the world, in todays society every manufacturing, processing and packaging faculty will have some form of assembly line because it is the must efficient way to get the job done on a large scale. All of these factors that the assembly line has given us is why it plays such a large role in our economy, the assembly line has provided us with more jobs because more people are needed to run manufacturing,

Related Documents

  • Decent Essays

    They are a low-end disruption because they are used in replacements of gasoline-vehicles. Although GEM cars are cheaper, they are profitable because they are modular and use cheaper materials manufactured by other vendors. After looking at both Tesla and GEM through the disruptive lens, Tesla takes on a sustaining innovation while GEM is a low-end disruptor. In my opinion, the CEO of Tesla needs to focus on targeting middle-class consumers for their low-end disrupting products such as the Model 3. Most automotive consumers can afford within the price range of the Model 3, thus bringing in a higher revenue for Tesla.…

    • 879 Words
    • 4 Pages
    Decent Essays
  • Decent Essays

    Henry Ford made life easier with his invention of the automobile. Henry Ford invented a brilliant thing because he made the lives of civilians so much easier and in many societys people believe that there should be an easier way to do everything. Henry Ford did that with the car and made people’s travel quicker and easier and efficient. The car is probably one of the most significant things created ever in the world and if it the car wasn’t invented many things wouldn’t be the same and the world might not be where we are in technological advances today. If he did not create the car someone else probably would have and the person who did create it could’ve had a different impact on society and the world and technology could be very different than what is is now.…

    • 1547 Words
    • 7 Pages
    Decent Essays
  • Decent Essays

    From the start, a lot of problems arose. Since all the parts were new, employees had issues with assembling the car. Parts such as frame and brakes caused a lot of problems during production and caused the assembly line to slow down. Due to all of this renovation and training, it cost Henry Ford a quarter of a billion dollars which lead to a tremendous loss when the car was first being built. This attempt to minimize cost and increase profit came with a big price to pay.…

    • 1220 Words
    • 5 Pages
    Decent Essays
  • Decent Essays

    Assembly Line History

    • 1789 Words
    • 8 Pages

    Ford was the first to use a ground breaking “Moving assembly line” (which was similar to what is used today) (History.com). His assembly lines involved the cars being on a mechanically moving platform that is powered by conveyor belts. Workers in each station would have one single task and do that same task on each vehicle as it passed them by. For example, if your job was to assemble the front left wheel, you only assembled the front left wheel, everything else would be done by a different worker. Ford’s most popular vehicle, the “Model T” had 84 steps in its assembly line.…

    • 1789 Words
    • 8 Pages
    Decent Essays
  • Decent Essays

    It created the blueprint for the modern day assembly-line system. The modern day assembly-line is the primary mode of manufacturing. It is currently used not only for the development of automobiles but also for many everyday items such as food, toys, furniture, weaponry and more. Whether you know it or not, all these items pass down assembly-lines worldwide before landing in your homes or on your tables. The assembly-line is the primary reason why companies are able to keep up with production of products that are of high demand from consumers.…

    • 1367 Words
    • 6 Pages
    Decent Essays
  • Decent Essays

    “Integral to the mass production of goods, an assembly line is a mechanized system in which an incomplete product moves through a series of workers who each perform a specific task necessary to finish the item. Modern assembly lines were first used in meat-packing plants in the United States, but car maker Henry Ford perfected the process in the early 20th century” ("assembly line"). This was quite an advanced invention for its time, do to the use of complicated moving parts and mechanics. The assembly line was invented in the early 20th century by Henry Ford. a well known car maker, Henry wanted to make a easier and more efficient way of manufacturing his cars.…

    • 1783 Words
    • 8 Pages
    Decent Essays
  • Decent Essays

    Lean Production Essay

    • 1425 Words
    • 6 Pages

    HISTORY Being among the first people to develop the idea behind lean production, Henry Ford utilized the concept of "continuous flow" on the assembly line for his Model T automobile where the standards of production were tight so that each stage of the process fitted together with each other stage efficiently resulting in little waste. It was likewise a "push" process, where Ford set the level of creation, rather than a "pull" handle drove by demand of the customer. This resulted in vast inventories of unsold vehicles, at last bringing about loads of money wasted. Competing businesses decided to catch up with Ford's ideas but they soon realized that the inflexibility of the system was an issue. The Toyota Production System (TPS) was then developed…

    • 1425 Words
    • 6 Pages
    Decent Essays
  • Decent Essays

    When considering the concept of the assembly line, we tend to think it is credited to Henry Ford and Ford Motor Company, but like so many inventors, Ford just improved the assembly line that was patented by Ransom Olds. Before the industrial revolution, products manufactured in factories were made by hand with a single worker completing a part of the product then all the workers coming together and collaborating to make the final product. At the time, this was the most efficient process. In the 12th century, the Venetian Arsenal provided us with the first real example of the assembly line. By the beginning of the 20th century, assembly lines and mass production were starting to become more common, especially with Eli Whitney’s concept of interchangeable…

    • 877 Words
    • 4 Pages
    Decent Essays
  • Decent Essays

    He wanted to create identical parts that would fit in any and all of the Model T’s. But, to pursue this, he needed a significant advancement in machining and creation of parts. Luckily it only took Ford a few years and he was able to create machines that could be easily operated and create identical, interchangeable parts (“Henry Ford Changes the World”). This led to his second experiment which was division of labor. He saw that lots…

    • 1642 Words
    • 7 Pages
    Decent Essays
  • Decent Essays

    However you may choose to refer to Henry Ford, unscrupulous robber baron, captain or industry, or visionary industrialist; his investment in Ford Motor Company’s human capital was revolutionary. Henry Ford knew if he could reduce labor time and costs in manufacturing, he could lower the price of the Model T; so he introduced the production assembly line, which reduced the time to build a Model T from twelve in a half hours to under six hours ("Henry Ford Changes the World, 1908," n.d.). To stable his workforce, and keep them happy while performing repetitious work, Ford increased the salary of his employees. Did this investment in human capital pay off for Ford Motor Company? Can this mindset carry forward into today’s society?…

    • 1179 Words
    • 5 Pages
    Decent Essays