In batch processing, if costs are not isolated, high-volume customers and products tend to subsidize lower-volume ones. This article reviews different types of batch activities and how they would be ...

Batch processing, or batch production, is a scaled-down version of assembly line production. Products are produced in groups instead of in continuous streams as they are on assembly lines. However, ...

Batch process manufacturers are continuously looking for new ways to improve processes and production techniques and to be more efficient to remain competitive. Although manufacturers see new ...

The earliest business computer systems developed in the 1950s demonstrated their efficiency by processing records in large batches. In the 1960s, equipment makers introduced interactive terminals, ...

Batch process scheduling and optimisation is a critical area of research that addresses the timing, sequencing, and allocation of production tasks in industries where manufacturing is carried out in ...

Arla Foods’ new dairy plant in England provides ample evidence that necessity is indeed the mother of invention. Head of engineering Soeren Vonsild describes Arla’s necessity this way. “In this dairy, ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J Catalano is a CFP and Registered ...