Inventory control in the context of "Discrete manufacturing"

Play Trivia Questions online!

or

Skip to study material about Inventory control in the context of "Discrete manufacturing"

Ad spacer

>>>PUT SHARE BUTTONS HERE<<<

👉 Inventory control in the context of Discrete manufacturing

Discrete manufacturing is the production of items that are distinct from one another. Examples of discrete manufacturing products are automobiles, furniture, smartphones, and airplanes. The resulting products are easily identifiable and differ greatly from process manufacturing where the products are undifferentiated, for example oil, natural gas and salt.

Discrete manufacturing is often characterized by individual or separate unit production. Units can be produced in low volume with very high complexity or high volumes of low complexity. Low volume/high complexity production results in the need for a flexible manufacturing system that can improve quality and time-to-market speed while cutting costs. High volume/low complexity production puts high premiums on inventory controls, lead times and reducing or limiting materials costs and waste.

↓ Explore More Topics
In this Dossier

Inventory control in the context of Tabulating machine

The tabulating machine was an electromechanical machine designed to assist in summarizing information stored on punched cards. Invented by Herman Hollerith, the machine was developed to help process data for the 1890 U.S. Census. Later models were widely used for business applications such as accounting and inventory control. It spawned a class of machines, known as unit record equipment, and the data processing industry.

The term "Super Computing" was used by the New York World newspaper in 1931 to refer to a large custom-built tabulator that IBM made for Columbia University.

↑ Return to Menu