Question

Discuss the economical and technical considerations in manufacturing

Answer 1

To the small business, this means a workshop at the very least, with more elaborate operations making use of machines and assembly lines. Choosing a production scale model within a company's capital means is important; simpler workshops tend to lead to lower production volume but cost less to assemble, while higher output operations require more complex and costly machines, which are sometimes cost prohibitive.

Answer 2

Explanation:

, a product must make economic sense. The price of a product must be attractive to customers, and it must return a sustainable profit to the company. To minimize product costs, materials engineers should consider three factors: component design, material selection, and manufacturing technique.