Henry Ford
To say that dilly-dallied around before finally establishing a serious car company would be invalid. The 40 year old man had been acquiring valuable knowledge regarding business, engines, management, and most importantly cars. Now it was time to take a leap of faith.
In 1903 the Ford Motor Company came to be. Ford, along with other investors including John and Horace Dodge raised $28,000 and in the first 15 months produced 1700 Model A cars. These cars were known for their reliability, yet were still too expensive for the average American. Over the next five years Ford and his engineers produced models with the letters B through S, the most successful of which was the Model N (priced ...
Want to read the rest of this paper?
Join Essayworld today to view this entire essay
and over 50,000 other term papers
|
year alone. It was easy to operate, maintain, handle on rough roads, and immediately became a success. Along with success came expansion, and in 1910 he established another assembly plant in Highland Park, Michigan. Through interchangeable parts, standard manufacturing, and a division labor, the demand greatly increased for the Model T. It was at this time in 1913 that Ford introduced the assembly line and forever changed our economy, our industry, and our culture.
Ford’s concept of an assembly line sprang from the thought that a car could be produced much quicker if each person did one, single task. He applied this in his Highland Park plant, and cut down production time of one Model T to a fraction on the time. The carefully timed pace of a conveyer belt moving the parts along further speeded the process. With these new tactics, a factory could produce 40%-60% more cars per month. By late 1913 he had established assembly plants in Canada, Europe, Australia, South ...
Get instant access to over 50,000 essays.
Write better papers. Get better grades.
Already a member? Login
|
CITE THIS PAGE:
Henry Ford. (2005, March 18). Retrieved March 26, 2025, from http://www.essayworld.com/essays/Henry-Ford/23889
"Henry Ford." Essayworld.com. Essayworld.com, 18 Mar. 2005. Web. 26 Mar. 2025. <http://www.essayworld.com/essays/Henry-Ford/23889>
"Henry Ford." Essayworld.com. March 18, 2005. Accessed March 26, 2025. http://www.essayworld.com/essays/Henry-Ford/23889.
"Henry Ford." Essayworld.com. March 18, 2005. Accessed March 26, 2025. http://www.essayworld.com/essays/Henry-Ford/23889.
|
Save
Report