Abstract
For the first three-quarters of this century, factories produced very large quantities of a small number of nearly identical products. This type of manufacturing is called mass production. Examples include automobiles, telephones, and televisions. During the last twenty years, these same factories have been moving away from this type of production. They are now producing larger numbers of products, but in smaller and smaller quantities. This transformation has been caused by a shift from a local to a global economy. This new global economy has customers all over the world. They form a special group who demand a wide range of products with the highest quality at the lowest price. And, this group is expected to expand into the foreseeable future, as more and more of the world’s population acquires the financial means to join.
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Jones, A., Umeda, S., Davis, W. (1999). Simulation: A Key to Next Generation Manufacturing. In: Elzinga, D.J., Gulledge, T.R., Lee, CY. (eds) Business Process Engineering. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-5091-4_10
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DOI: https://doi.org/10.1007/978-1-4615-5091-4_10
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