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BUS 108 : Financial Evaluation And Managerial Analysis

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Financial Evaluation And Managerial Analysis (BUS 108)

   

Added on  2020-05-03

BUS 108 : Financial Evaluation And Managerial Analysis

   

Financial Evaluation And Managerial Analysis (BUS 108)

   Added on 2020-05-03

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Running head: 3D PRINTING TECHNOLOGY0Introduction toInformatics
BUS 108 : Financial Evaluation And Managerial Analysis_1
3D PRINTING TECHNOLOGY1Executive SummaryMany times modern technology has revolutionised the manufacturing procedure in variousindustries, and as per the research of investment firms, the 3D printing technology willtransform the production procedure. The 3D printing technology is also called additivemanufacturing because objects are products by adding one cross-sectional layer at a time,unlike other methods of fabrication which uses the subtractive procedure. With the help of3D printing machines, companies can manufacture significantly complicated products usingcomputer modeling. The additive manufacturing is more suitable for low volume production;small corporations use this method to produce a low quantity of products at lower expenses.The 3D printing technology is significantly valuable in the medical sector; it assists in themanufacturing of hearing aid devices, prosthetic arm/leg, and protection gadgets. Theseproducts are produced in low quantity and additive manufacturing procedure benefitenterprise by reducing their production cost. There have been various studies conducted byleading research firms such as PwC, The Economist, and DHL; the researchers predicted that3D technology would revolutionise the production industry and influenced multiple sectors.Many traditional methods of manufacturing such as injection molding and outsourcingproduction work will obsolete due to the popularity of 3D printing technology because it willmake the manufacturing process more straightforward. The consumers will be benefited bythe popularity of additive manufacturing because it will assist them producing their ownproducts at home.
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3D PRINTING TECHNOLOGY2ContentsIntroduction................................................................................................................................3Additive Manufacturing (AM)...................................................................................................4More Suitable in Low Volume Production................................................................................4Valuable Situations for Additive Manufacturing.......................................................................5Future of Additive Manufacturing.............................................................................................5Impact on Manufacturing Industry.............................................................................................6Conclusion and Recommendations............................................................................................8References..................................................................................................................................9
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3D PRINTING TECHNOLOGY3IntroductionAdditive manufacturing is the procedure of creating a 3D model of object; this technology isused in building rapid prototypes of products. The 3D printing technology uses a computer-based system to make a 3D model of the object and manufacture it by adding a layer at atime. The technology is proliferating in the past few years, and corporations use it inindustries such as military, aerospace, automobile and medical. The 3D printing technology isrevolutionising the procedure of manufacturing in various industries. This report will evaluatethe importance of 3D printing technology in manufacturing object. Further, the report willanalyse the additive manufacturing future and its influence on traditional production.
BUS 108 : Financial Evaluation And Managerial Analysis_4

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