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Manufacturing Processes

Manufacturing Processes. Introduction. Historical Overview. 1/2. Manufacturing Across History. 2/2. Manufacturing Across History. Manufacturing Defined. Definition of Manufacturing. manufacture. manus. factus. Latin words. +. = Made by hand. Duality. Technical Activity.

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Manufacturing Processes

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  1. Manufacturing Processes Introduction

  2. Historical Overview

  3. 1/2 Manufacturing Across History

  4. 2/2 Manufacturing Across History

  5. Manufacturing Defined

  6. Definition of Manufacturing manufacture manus factus Latin words + = Made by hand

  7. Duality Technical Activity Economic Activity Added value

  8. Manufacturing as a Technical Activity Machinery Power Labor Tools Processed Part Starting material Manufacturing Process Scrap and waste

  9. Example

  10. Manufacturing as an Economic Activity Manufacturing Process $$$ Value added $$ $ Starting material Processed Part Material in Processing

  11. Economic Role of Manufacturing

  12. Gross National Product (GNP)

  13. Manufacturing and Service Industries Share of U.S. GDP, 1977 to 1998 Source: U.S. Department of Commerce, Bureau of Economic Analysis

  14. Manufacturing in the Economy

  15. Manufacturing in the Economy • “The reason for manufacturing's stability is that there is a synergy between manufacturing and other sectors. Manufacturing generates most of the economy's productivity and technology, while other sectors such as services generate the largest share of new employment. The productivity generated by manufacturing raises the wages of workers employed in all sectors. The productivity enhancements generated in manufacturing boost activity in other sectors. As these sectors become more successful, they, in turn, create more demand for manufactured goods and its high-paying jobs.” http://www.vpmep.org/mfgstats.htm • Relatively stable over time, even though the number of people involved has declined • Significant manufacturing management remains in the U.S. • 98% of U.S. mfg companies < 500 employees

  16. Contributions to Economic Growth, 1992-1997 Manufacturing also contributes to technological advances, with significant investments in R&D http://www.vpmep.org/mfgstats.htm

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