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In production and project management, a bottleneck is a process in a chain of processes, such that its limited capacity reduces the capacity of the whole chain. The result of having a bottleneck are stalls in production, supply overstock, pressure from customers, and low employee morale. [1] There are both short and long-term bottlenecks.
Concurrent engineering, on the other hand, allows for all stages of product development to occur essentially at the same time. As seen in the 'Sequential Engineering vs Concurrent Design and Manufacturing' figure, initial planning is the only requirement before the process can occur including planning design, implementation, testing and evaluation.
In a lengthy, costly, complicated, and intricate process of semiconductor device fabrication (SDFP, one of the most expensive industries as of 2022) various approaches were undertaken and many technologies were investigated since 1960s both by state (e.g. US) and private businesses in order to speed up production process and increase design ...
Batch production is the method used to produce or process any product of the groups or batches where the products in the batch go through the whole production process together. An example would be when a bakery produces each different type of bread separately and each product (in this case, bread) is not produced continuously.
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. Together with job production and batch production, it is one of the three main production methods. [1]
Productionisation (Commonwealth English) or productionization (American English) is the process of turning a prototype of a design into a version that can be more easily mass-produced. It is mostly a necessary step in the development of any product, since it is rare that the initial design is free from flaws or construction methods which make ...
Technological change (TC) or technological development is the overall process of invention, innovation and diffusion of technology or processes. [1] [2] In essence, technological change covers the invention of technologies (including processes) and their commercialization or release as open source via research and development (producing emerging technologies), the continual improvement of ...
In this sense, Marx distinguishes between the production of means of production, consumer goods, and luxury goods, and he considers the commercial interactions between the sectors producing them. If the growth of different sectors of production occurs very unevenly, bottlenecks can occur, so that a supply or demand cannot be met. In the worst ...