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Clock Speed and Production

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The manufacturing process utilizes technology clock speed for the manufacturing of a product or good. What is clock speed, and in what ways may clock speed differ and what products are manufactured under a particular clock speed?

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Solution Summary

The solution is about technology clock speed and how it is used in the manufacturing process.

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Charles H. Fine studied the life cycle of fruit flies to study business equivalents to develop insights into supply chain dynamics and design and coined the term clock speed to denote the rate of evolution in business (Natarajan, 1998).

Natarajan further cited that Fine mentioned that clock speed may differ in terms of how it is measured-- product technology, process technology, and organizational decision-making.

This means that "higher clock speeds for product and process ...

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