Total Cost Minimization

Great 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

  • Improved Essays

    Sarah Darley ECON 204 Gebhardt Assignment 1 Part 1: The Gross State Product (GSP) in California in 2012 was $2,125,717 million, which then increased to $2,202,678 million in 2013. The change in GSP for the state of California was increased by $76,961 million between these two years. Compared to Colorado, the GSP of California is extremely high.…

    • 1176 Words
    • 5 Pages
    Improved Essays
  • Decent Essays

    The Model T had a 2.9 liter inline four cylinder engine that produced about 20 horsepower and had a top speed of about 45 miles an hour. Now Ford's Model T changed the world and changed the way Americans live,…

    • 246 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    The Model T changed the world at the time and the future now because now we have so many different cars for different purposes. For example. Pickup truck and a mini van. A pickup truck is meant for big items you need to take somewhere and a MiniVan is meant for a bigger family. Some bad improvements that were made to the car were, about a hundred pounds added to the weight of the car, placing an additional burden on the already overworked, 20-bhp Ford engine.…

    • 220 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    During the time period of 1800s through the early 1900s, much happened. There was improvement in inventions and products which made life easier, and more jobs were given to people that did not have jobs. Also, reforms were made that gave equal power to all. The accelerated period of industrial growth during the 1800s and into the early 1900s was more helpful because new products were made, land was conserved, and progressive reforms were made. Industrialism was helpful because conservation was done by Teddy Roosevelt.…

    • 904 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    With the invention of the sewing machine, by Elias Howe, factories were able to produce textiles faster than with the use of humans. Along with the invention of the sewing machine, there were also newly implemented factory systems. These systems were brought to America, from England, by Samuel Slater. Since it was illegal for plans for these factories to be brought to America, he memorized them and brought them that way. The Lowell and Waltham System is an example of a new factory system.…

    • 675 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Eli Whitney's Inventions

    • 495 Words
    • 2 Pages

    This is the system of creating identical parts that can be easily mass produced and replaced. These parts can then be put together to create various products such as firearms and furniture. This process transformed America from an artisan-based nation to an unskilled, assembly line style producer(nvaughn.weebly.com).Eli mainly demonstrated this with the production of weapons. Even taking ten rifles in front of congress disassembling them, mixing all the parts together, and then putting them back together. It did however increase productivity and eased cost of American expansion, but at the same time losing much of the nation’s skilled craftsmen.…

    • 495 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    The advents of this revolution were countless. It represents not only the evolution from hand made to manufactured products, but also counts for the improvement of efficiency of machines and…

    • 238 Words
    • 1 Pages
    Improved Essays
  • Superior Essays

    Seabiscuit Transformation

    • 1401 Words
    • 6 Pages

    Many businesses adopted the technique of using assembly lines, and thus helped many Americans find jobs it was an economic boom. In Gary Ross’s Seabiscuit many of the main protagonists faces their own kind of innovation whether it be good or bad. For example, Charles Howard worked in a bicycle factory where he would basically do the same thing over again. Till one day Howards…

    • 1401 Words
    • 6 Pages
    Superior Essays
  • Great Essays

    With Henry Ford’s Model T (was first introduced in 1908) and the Model A (replace the Model T in 1927), horses became used less for transportation and work, and more for pleasure. Ford’s technique of the assembly line, revolutionized production. The assembly line increase production and decrease cost to produce and the sale price. The Model T and Model A was affordable for most Americans due to the assembly line. Railroads become major form of transportation in the United States in the 1800’s, and remain until the popularity of the car and plane.…

    • 1903 Words
    • 8 Pages
    Great Essays
  • Improved Essays

    Industrial Revolution was the greatest positive reform in American society. Some of the most well known people in history made a huge impact during the Industrial Revolution. For example Henry Ford created the assembly line which allowed automobiles to be produced quicker and made traveling cost a lot less and become more convenient. Another example is Thomas Edison who made electricity available to us. Although the Industrial Revolution helped other countries.…

    • 640 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    A large percentage of parts on his cars were standardized, making production more efficient. As a result, the infamous Model T was born and well known. Americans all over the country began to buy these cars and the cars started to have a positive effect on their everyday lives. Traveling would become more common throughout the nation and the demand for Ford 's cars continued to increase. The 1920 's was the peak for automobiles being bought by the average…

    • 1094 Words
    • 5 Pages
    Improved Essays
  • Decent Essays

    This automobile was built mainly for people to drive every day. The Model T put the United States on wheels, it made mobility easier than ever, and it established the American middle class. This automobile may not have…

    • 267 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    The Effects of the Industrial Revolution Prior to the industrial revolution American businesses did not have the qualities that allowed for efficiency. Making products to sell was a slow process that was too costly for the common man to purchase. The industrial revolution changed every aspect of America’s economic status as it was known, and helped to enable major changes like population shift from rural areas to urban areas, higher availability of resources, and an enormous increase of market values. Every aspect of the industrialization of the United States proved to enable more efficiency in every component of human life.…

    • 1416 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Borrowing the manufacture mode from Japanese Motor Corporation, and being suggested by outside consultant, Louis Vuitton created the production system that improved the efficiency as well as maintained the quality standard. The first step that company took is to train its workers to handle multiple tasks, and then arrange them into a more efficient assembly…

    • 704 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    3.6. Industry Driving Force Automotive industry is facing tough challenges in the future. There are some challenges that carmakers need to address to sustain their profitability. Some industry driving forces that will shape the future of the automobile industry are as follow: 1. Shift in consumer demand.…

    • 722 Words
    • 3 Pages
    Improved Essays