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Time Is Money, Time Or Labors

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It’s in our nature to save whether it is money, time or labors. It has been continuing pattern for generation after generation, and our generation is no exception. It does not matter how big or small the company is its always innovating new ways to reduce the cost to produce goods, Total Cost Minimization. In fact, cost minimization has been the motivation behind the way our world is today and the things we have. Imagine if the Wright Brothers never invented the airplane we would still be crossing rivers and ocean. Just like the airplane we have are always improving our life by inventing new things to minimize cost.

In today’s world the phrase “time is money “is becoming more of a reality as manufacturers are looking to increase the quantity of products in lesser and lesser time. Over the years, people have tried to rise to the solution to minimize the time for producing goods, but none of them actually succeed. However, a wise man named Henry Ford re-introduced a brilliant idea of Assembly Line, which changed the very core of how manufacturers produce goods. An Assembly Line is a form of production where product parts are added to the line in a specific order to produce a finished product at the end of the line. The principle of The Assembly line is to increase the productivity at a lower cost. The demand of goods in our developing world has been staggering. We need more goods than we ever need as the population is sky high. Fortunately, we have a solution to

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