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Types of Process Technologies - Assembly lines
It was developed in the automobiles industry in U .S. A. Her two or more components are combined to manufacture a finished product. A assembly line is particularly useful when a limited variety of similar products is to be produced on a mass scale or in fairly large batches on a continuous basis. The design of assembly line involves the proper balancing of technology and other manufacturing facilities so as to develop a rational approach of optimization of results.
Figure:Assembly Line
Cost management processes are involved in estimating, budgeting and controlling costs so that the project can be completed within the approved budget.
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