The Main Difference Between Process Manufacturing and an Assembly Process

question 165

True/False

The main difference between process manufacturing and an assembly process is: Process manufacturing uses sophisticated robots and automated machinery to produce a good or service,while an assembly process uses labor and simple tools to make a product.

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Definitions:

Value in Product

The perceived benefit or usefulness of a product to the consumer, which includes quality, features, and overall satisfaction.

Price Point

The standard price or price range of a product as determined by its perceived market value and competitive conditions.

Units Sold

The quantity of products or services sold within a specific period.

Price Increases

The act of raising the cost of products or services, often in response to increased production costs or to leverage market demand.