MGTA05H3 Lecture Notes - Lecture 4: Carnegie Steel Company, Bessemer Process, Operations Management
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MGTA05H3 Full Course Notes
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Document Summary
Managing the process of production and provision of services for greater productivity. In usa in 1880"s to 1900, a huge demand for steel for railways. By the early 1900"s, the demand was increased by the demand for structural steel. New technologies allowed much greater production of steel. In 1879, carnegie invested in bessemer converters in his pittsburgh mill. The bessemer converter allowed a major increase in productivity. In 1850, a mill produced 3,000 tons of steel a year. In 1900, the carnegie mills produced 3,000 tons of steel a day, with only. Given large markets and large production capacity, carnegie developed a new. This adjustment of production to the market required careful coordination of supplies, production and market knowledge. This is the key to basic operations management. It also allowed carnegie to benefit from economies of scale. Production costs are spread over so many more units. Carnegie steel and operations management strategy for his steel mills.
