Why Mass Production?

Mass production involves producing goods in a large quantity. This strategy is undertaken in big companies under various circumstances. Though it is targeted at an individual long cost, it does not necessarily mean low quality.
The advantages of mass production is that lots of goods can be manufactured in a short amount of time and they are all standardized item. The result in a high accuracy level, though it requires continuous monitoring. Moreover, a lot of things are pre-decided, this results in division of labor, which is also one of the contributing factors for a high accuracy. And so, since each worker focuses on his individual job, a higher degree of a reliability is established. The rate of production was able to increase as the machines was powered by high level of automation. Thus, goods are manufactured efficiently and at an increased pace. A fast rate of production implies that the goods can be marketed faster and will leads to a steady profit in less time.

Whereas for the disadvantages of mass production is that if anything incorrect with the design, the entire production cycle will be affected. It also cannot be accurately verified until several have already been made, and so this results in terrific wastage of resources. As already mentioned, mass consumption is essential to determined the success rate of mass production and the company need to take into account the market demand of the product. However, there is no assurance or guarantee that the product will be hit among the consumers and if not, there will be no profit and all the produced goods will then be wasted. Though the overall expenditure per unit is reduced, the use of automated machine tools requires a lot of investment. There are other raw materials devised during the product design plan, which are very expensive and need to be purchased for a faster rate of production. Similarity is a trait of mass production. It is different if the product is in excess demand, but after a while, consumers may lose interest due to less variety. Even while producing the item, it is a bulk manufacturing strategy, therefore no variety is introduced, all the items are of the same quality, dimensions, etc. This could lead to limited consumption and wastage of capital.

Mass production needs a great deal of thought. It is always characterized by introducing some type of mechanization in order to retain quality and achieve ability and combat the disadvantages using effective means.