Mass Production

Filed Under » ,
Dictionary Says

Definition of 'Mass Production'

The manufacturing of large quantities of standardized products, frequently utilizing assembly line technology. Mass production refers to the process of creating large numbers of similar products efficiently. Mass production is typically characterized by some type of mechanization, as with an assembly line, to achieve high volume, the detailed organization of materials flow, careful control of quality standards and division of labor.

Also called flow production, repetitive flow production, series production or serial production.

Investopedia Says

Investopedia explains 'Mass Production'

The demand for standardized, uniform products in large quantities originated in the needs of military organizations. Since then, precision machining equipment has led to the large-scale demand for mass produced products, created at a low cost and with a small work force. Henry Ford pioneered the moving assembly in 1913.The resulting manufacturing time for the product was so reduced that it stimulated Ford to apply the same method to chassis assembly. These methods greatly reduced the man-hours involved in automobile production, resulting in automobiles that were more affordable to the general public.
Search results for

'Mass Production'

  • 4 New Business Models That Are Here To Stay - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0410/4-New-Business-Models-That-Are-Here-To-Stay.aspx
    ... Mass P Vs. JIT Although it sounds like a freestyle rap battle, the move from mass
    production to just in time delivery (JIT) has been a huge shift. ...

  • The Unsung Pioneers Of Finance

    http://www.investopedia.com/articles/financial-theory/09/unsung-pioneers-of-finance.asp
    ... of scale from mass production put an electric light in every home in America, while
    the rest of the world was still burning candles, whale oil and kerosene. ...

  • The 10 Greatest Entrepreneurs Slideshow | Investopedia

    http://www.investopedia.com/slide-show/10-greatest-entrepreneurs
    ... Edison, by making invention a business and using mass production to distribute the
    results, has put his name to thousands of innovations that we use every day ...

  • The 10 Greatest Entrepreneurs Slideshow | Investopedia

    http://www.investopedia.com/slide-show/10-greatest-entrepreneurs/thomas-edison.aspx
    ... Edison, by making invention a business and using mass production to distribute the
    results, has put his name to thousands of innovations that we use every day ...

  • The 10 Greatest Entrepreneurs Slideshow | Investopedia

    http://www.investopedia.com/slide-show/10-greatest-entrepreneurs/john-d-rockefeller.aspx
    ... Edison, by making invention a business and using mass production to distribute the
    results, has put his name to thousands of innovations that we use every day ...

  • The 10 Greatest Entrepreneurs Slideshow | Investopedia

    http://www.investopedia.com/slide-show/10-greatest-entrepreneurs/charles-merrill.aspx
    ... Edison, by making invention a business and using mass production to distribute the
    results, has put his name to thousands of innovations that we use every day ...

  • The 10 Greatest Entrepreneurs Slideshow | Investopedia

    http://www.investopedia.com/slide-show/10-greatest-entrepreneurs/bill-gates.aspx
    ... Edison, by making invention a business and using mass production to distribute the
    results, has put his name to thousands of innovations that we use every day ...

  • The 10 Greatest Entrepreneurs Slideshow | Investopedia

    http://www.investopedia.com/slide-show/10-greatest-entrepreneurs/henry-ford.aspx
    ... Edison, by making invention a business and using mass production to distribute the
    results, has put his name to thousands of innovations that we use every day ...

  • The 10 Greatest Entrepreneurs Slideshow | Investopedia

    http://www.investopedia.com/slide-show/10-greatest-entrepreneurs/charles-schwab.aspx
    ... Edison, by making invention a business and using mass production to distribute the
    results, has put his name to thousands of innovations that we use every day ...

  • The 10 Greatest Entrepreneurs Slideshow | Investopedia

    http://www.investopedia.com/slide-show/10-greatest-entrepreneurs/sam-walton.aspx
    ... Edison, by making invention a business and using mass production to distribute the
    results, has put his name to thousands of innovations that we use every day ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
Partner Links