Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Discover how work cells streamline manufacturing by enhancing efficiency, reducing costs, and minimizing waste, with real-world examples of successful implementation.

The manufacturing process is a complex one that can be impacted by many factors: supplies, equipment, factory overhead, the need for special parts, and the people who work at all points in the process ...

ocated 90 minutes west of Tokyo in the shadow of Mount Fuji, Oshino, Japan, is home to 9,000 people—which means that in any given year, the robots produced at the town’s FANUC plant outnumber humans ...

The past decade has seen unparalleled growth in the field of cell therapy, which uses cells as therapeutic agents to treat and cure disease. Although the first transplants of blood stem cells date ...

Virtual technology has existed for more than 50 years. However, augmented reality (AR) and virtual reality (VR) have only ...

Building mechanical constraints into design decisions ensures smooth transition from prototype to production without ...

In the lab, various phases of drug development occur in life sciences as new drugs and therapies are discovered and developed through extensive research. Labs are then used to ensure quality control ...

Manufacturing overhead – also called indirect costs – are any costs that a factory incurs other than direct materials and direct labor needed to manufacture goods, notes "Accounting 2," a reference ...