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Mass-production
Mass production, also known as mass 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. Together with job production and batch production, it is one of the three main production methods. The term ''mass production'' was popularized by a 1926 article in the ''Encyclopædia Britannica'' supplement that was written based on correspondence with Ford Motor Company. ''The New York Times'' used the term in the title of an article that appeared before the publication of the ''Britannica'' article. The idea of mass production is applied to many kinds of products: from fluids and particulates handled in bulk (food, fuel, chemicals and mined minerals), to clothing, textiles, parts and assemblies of parts ( household appliances and automobiles). Some mass production techniques, such as standardized sizes and production lines, predate ...
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Standardization
Standardization (American English) or standardisation (British English) is the process of implementing and developing technical standards based on the consensus of different parties that include firms, users, interest groups, standards organizations and governments. Standardization can help maximize compatibility, interoperability, safety, repeatability, efficiency, and quality. It can also facilitate a normalization of formerly custom processes. In social sciences, including economics, the idea of ''standardization'' is close to the solution for a coordination problem, a situation in which all parties can realize mutual gains, but only by making mutually consistent decisions. Divergent national standards impose costs on consumers and can be a form of non-tariff trade barrier. History Early examples Standard weights and measures were developed by the Indus Valley civilization.Iwata, Shigeo (2008), "Weights and Measures in the Indus Valley", ''Encyclopaedia of the History ...
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Industrial Revolution
The Industrial Revolution, sometimes divided into the First Industrial Revolution and Second Industrial Revolution, was a transitional period of the global economy toward more widespread, efficient and stable manufacturing processes, succeeding the Second Agricultural Revolution. Beginning in Kingdom of Great Britain, Great Britain around 1760, the Industrial Revolution had spread to continental Europe and the United States by about 1840. This transition included going from craft production, hand production methods to machines; new Chemical industry, chemical manufacturing and Puddling (metallurgy), iron production processes; the increasing use of Hydropower, water power and Steam engine, steam power; the development of machine tools; and rise of the mechanisation, mechanised factory system. Output greatly increased, and the result was an unprecedented rise in population and population growth. The textile industry was the first to use modern production methods, and textiles b ...
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Standardization
Standardization (American English) or standardisation (British English) is the process of implementing and developing technical standards based on the consensus of different parties that include firms, users, interest groups, standards organizations and governments. Standardization can help maximize compatibility, interoperability, safety, repeatability, efficiency, and quality. It can also facilitate a normalization of formerly custom processes. In social sciences, including economics, the idea of ''standardization'' is close to the solution for a coordination problem, a situation in which all parties can realize mutual gains, but only by making mutually consistent decisions. Divergent national standards impose costs on consumers and can be a form of non-tariff trade barrier. History Early examples Standard weights and measures were developed by the Indus Valley civilization.Iwata, Shigeo (2008), "Weights and Measures in the Indus Valley", ''Encyclopaedia of the History ...
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Batch Production
Batch production is a method of manufacturing in which products are made as specified groups or amounts, within a time frame. A batch can go through a series of steps in a large manufacturing process to make the final desired product. Batch production is used for many types of manufacturing that may need smaller amounts of production at a time to ensure specific quality standards or changes in the process. This is opposed to large mass production Mass production, also known as mass 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 ... or continuous production methods, where the product or process does not need to be checked or changed as frequently or periodically. Characteristics In the manufacturing batch production process, the machines are in chronological order directly related to the manufacturing process. The ...
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Bucket Elevator
A bucket elevator, also called a grain leg, is a mechanism for hauling flowable bulk materials (most often grain or fertilizer) vertically. It consists of: # Buckets to contain the material; # A belt to carry the buckets and transmit the pull; # Means to drive the belt; # Accessories for loading the buckets or picking up the material, for receiving the discharged material, for maintaining the belt tension and for enclosing and protecting the elevator. A bucket elevator can elevate a variety of bulk materials from light to heavy and from fine to large lumps. A centrifugal discharge elevator may be vertical or inclined. Vertical elevators depend entirely on centrifugal force to get the material into the discharge chute, and so must be run at a relatively high speed. Inclined elevators with buckets spaced apart or set close together may have the discharge chute set partly under the head pulley. Since they do not depend entirely on centrifugal force to put the material into the chu ...
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Screw Conveyor
A screw conveyor or auger conveyor is a mechanism that uses a rotating helical screw (simple machine), screw blade, called a "''flighting''", usually within a tube, to move liquid or granular materials. They are used in many bulk handling industries. Screw conveyors in modern industry are often used horizontally or at a slight incline as an efficient way to move semi-solid materials, including food waste, Woodchips, wood chips, aggregates, cereal, cereal grains, animal feed, boiler ash, meat, bone meal, municipal solid waste, and many others. The first type of screw conveyor was the Archimedes' screw, used since ancient times to pump irrigation water. They usually consist of a trough or tube containing either a spiral blade coiled around a shaft, driven at one end and held at the other, or a "''shaftless spiral''", driven at one end and free at the other. The rate of volume transfer is proportional to the rotation rate of the shaft. In industrial control applications, the de ...
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Industrial Process Control
Industrial process control (IPC) or simply process control is a system used in modern manufacturing which uses the principles of control theory and physical industrial control systems to monitor, control and optimize continuous industrial production processes using control algorithms. This ensures that the industrial machines run smoothly and safely in factories and efficiently use energy to transform raw materials into high-quality finished products with reliable consistency while reducing energy waste and economic costs, something which could not be achieved purely by human manual control. In IPC, control theory provides the theoretical framework to understand system dynamics, predict outcomes and design control strategies to ensure predetermined objectives, utilizing concepts like feedback loops, stability analysis and controller design. On the other hand, the physical apparatus of IPC, based on automation technologies, consists of several components. Firstly, a network of ...
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Screw Conveyor
A screw conveyor or auger conveyor is a mechanism that uses a rotating helical screw (simple machine), screw blade, called a "''flighting''", usually within a tube, to move liquid or granular materials. They are used in many bulk handling industries. Screw conveyors in modern industry are often used horizontally or at a slight incline as an efficient way to move semi-solid materials, including food waste, Woodchips, wood chips, aggregates, cereal, cereal grains, animal feed, boiler ash, meat, bone meal, municipal solid waste, and many others. The first type of screw conveyor was the Archimedes' screw, used since ancient times to pump irrigation water. They usually consist of a trough or tube containing either a spiral blade coiled around a shaft, driven at one end and held at the other, or a "''shaftless spiral''", driven at one end and free at the other. The rate of volume transfer is proportional to the rotation rate of the shaft. In industrial control applications, the de ...
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Hyundai Car Assembly Line
Hyundai is a former South Korean industrial conglomerate ("''chaebol''"), which was restructured into the following groups: * Hyundai Group, parts of the former conglomerate which have not been divested ** Hyundai Asan, a real estate construction and civil engineering company * Hyundai Motor Group, the automotive part of the former conglomerate ** Hyundai Motor Company, an automobile manufacturer ** Hyundai Mobis, a car parts company ** Hyundai Motorsport, a racing team ** Hyundai Rotem Hyundai Rotem Company, often referred to as Hyundai Rotem (), is a South Korean manufacturer of railway rolling stock, railway signalling, defense products and plant equipment. It is a member of Hyundai Motor Group and has presence in more than ..., a manufacturer of railway vehicles, defense systems, and factory equipment ** Hyundai Engineering and Construction, a construction company * HD Hyundai Group, the heavy industry part of the former conglomerate ** HD Hyundai Heavy Industries, t ...
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Loader (equipment)
A loader is a heavy equipment machine used in construction to move or load materials such as soil, rock, sand, demolition debris, etc. into or onto another type of machinery (such as a dump truck, conveyor belt, feed-hopper, or railroad car). There are many types of loader, which, depending on design and application, are variously called a bucket loader, end loader, front loader, front-end loader, payloader, high lift, scoop, shovel dozer, skid-steer, skip loader, tractor loader or wheel loader. Description A loader is a type of tractor, usually wheeled, sometimes on tracks, that has a front-mounted wide bucket connected to the end of two booms (arms) to scoop up loose material from the ground, such as dirt, sand or gravel, and move it from one place to another without pushing the material across the ground. A loader is commonly used to move a stockpiled material from ground level and deposit it into an awaiting dump truck or into an open trench excavation. The loade ...
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Centrifugal Pump
Centrifugal pumps are used to transport fluids by the Energy transformation, conversion of rotational kinetic energy to the hydrodynamic energy of the fluid flow. The rotational energy typically comes from an engine or electric motor. They are a sub-class of dynamic axisymmetric work-absorbing turbomachinery. The fluid enters the pump impeller along or near to the rotating axis and is accelerated by the impeller, flowing radially outward into a diffuser or Volute (pump), volute chamber (casing), from which it exits. Common uses include water, sewage, agriculture, petroleum, and petrochemical pumping. Centrifugal pumps are often chosen for their high flow rate capabilities, abrasive solution compatibility, mixing potential, as well as their relatively simple engineering. A centrifugal fan is commonly used to implement an Air handler, air handling unit or vacuum cleaner. The reverse function of the centrifugal pump is a water turbine converting potential energy of water ...
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Capital Intensity
Capital intensity is the amount of fixed or real capital present in relation to other factors of production, especially labor. At the level of either a production process or the aggregate economy, it may be estimated by the capital to labor ratio, such as from the points along a capital/labor isoquant. The inverse of capital intensity is labor intensity. Capital intensity is sometimes associated with industrialism, while labor intensity is sometimes associated with agrarianism. Growth The use of tools and machinery makes labor more effective, so rising capital intensity (or " capital deepening") pushes up the productivity of labor. Capital intensive societies tend to have a higher standard of living over the long run. Calculations made by Robert Solow claimed that economic growth was mainly driven by technological progress (productivity growth) rather than inputs of capital and labor. However recent economic research has invalidated that theory, since Solow did not properly consi ...
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