The Work Of Henry Ford

1533 Words7 Pages
Henry Ford, the founder of Ford Motor Company, managed to change the price of the Ford Model T from six hundred dollars into four hundred and ninety dollars. He did this by looking at the total cost it took to manufacture and minimized it again and again. This is known as total cost minimization. He invented new ways of going about the production process, the assembly line being what he spent most of his time on. The work of Henry Ford very close to perfect total cost minimization. As an engineer, it is important to be able to reduce the cost whenever possible to maximize efficiency. Throughout the past decades engineers have been able to invent various other ways to reduce the total cost, many of which are being used today. Total cost minimization can be achieved through the use of the assembly line, just in time manufacturing and better training for workers. To begin with, the total cost of production can be significantly reduced from the use of the assembly line. The assembly line is a method of production where the object to be made is moved across a conveyor belt or other moving mechanism and the workers are all next to it adding to the object one at a time as the object passes. First, when work is done this way, it is done much faster. Since the workers all do the same job over and over again, they can do it much faster than a single designated worker could. With repetition, they become so fine tuned with their job that they are able to do it as quick as possible.
Open Document