Explain the Advantages and Disadvantages of Automating a Process

question 72

Essay

Explain the advantages and disadvantages of automating a process.

---

Definitions:

Least Profitable Use

The use or application of a resource that results in the lowest profit margin compared to other possible uses.

Constrained Resource

Refers to the most limited resource within a production process or system that restricts its output or throughput.

Processing Further

Additional operations or activities undertaken on a product after the initial manufacturing process to increase its value.

Financial Advantage

The benefit obtained from making certain financial decisions or investments, often resulting in savings, earnings, or a stronger financial position.