An assembly line is a production method requiring workers to perform a repetitive task on a product as it moves along on a conveyor belt or track. It brings significant advantages such as part standardization and rationalization of work.
Batch processing is a method of production where similar individual units are grouped together as a batch to streamline the production process and improve cost-efficiency. Often used when the goods produced are small or homogeneous, batch processing helps organizations manage resources more effectively.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.