The gradual shortening of the production cycle

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Reference no: EM131635662

Importance of short production cycle times Henry Ford claimed that "One of the most noteworthy accomplishments in keeping the price of Ford products low is the gradual shortening of the production cycle. The longer an article is in the process of manufacture and the more it is moved about, the greater is its ultimate cost."

Discuss why Henry Ford's assertion is correct.

Reference no: EM131635662

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