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- In business terms, "manufactory" is an older term that was used for a factory. It refers to a place where raw materials are processed into finished goods using machinery and labor. The term is sometimes still used in the names of companies1. Manufacturing, in general, involves turning raw materials and components into tangible products234.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.a word used in the past for a factory, sometimes still used in the names of companies: The Soho Manufactory was an early factory which pioneered mass production on the assembly line principle. (Definition of manufactory from the Cambridge Business English Dictionary © Cambridge University Press)dictionary.cambridge.org/dictionary/english/manufa…Manufacturing is processing raw materials or parts into finished goods through the use of tools, human labor, machinery, and chemical processing. Manufacturing allows businesses to sell finished products at a higher cost than the value of the raw materials used.www.investopedia.com/terms/m/manufacturing.aspManufacturing is the process of turning raw materials and components into tangible products using machinery, usually in volume. Manufacturing makes it possible for an inventor’s brainchild to complete the journey to becoming a consumer’s favorite gadget.www.netsuite.com/portal/resource/articles/inventor…Manufacturing, any industry that makes products from raw materials by the use of manual labor or machinery and that is usually carried out systematically with a division of labor.www.britannica.com/technology/manufacturing - People also ask
Manufacturing: Definition, Types, Examples, and Use as Indicator
Manufacturing is the creation of finished goods through the use of tools, human labor, machinery, and chemical processing. Manufacturing allows businesses to sell finished products at a higher cost than the value of the raw materials used. Large-scale manufacturing allows for goods to be mass-produced using … See more
Manufacturing is an integral and huge part of the economy. It involves processing and refining raw materials, such as ore, wood, and foodstuffs, into finished products, such as metal goods, … See more
How products are manufactured has changed over time. People have historically manufactured goods using raw materials. And in … See more
Finally, manufacturing can be divided into different production methods. Each method results in a uniquely different end product. See more
- Make to Stock
- A traditional production technique is make-to-stock, the manufacturing of a standard product based on forecastdemand. A co…
- Make to Order
- Opposite of MTS, ma… See more
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WEBThe meaning of MANUFACTURER is one that manufactures; especially : an employer of workers in manufacturing. How to use manufacturer in a sentence.
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