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BUS 108 Introduction to Informatics Assignment

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Financial Evaluation And Managerial Analysis (BUS 108)

   

Added on  2020-05-01

BUS 108 Introduction to Informatics Assignment

   

Financial Evaluation And Managerial Analysis (BUS 108)

   Added on 2020-05-01

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Running head: ADDITIVE MANUFACTURING0Introduction toInformatics
BUS 108 Introduction to Informatics Assignment_1
ADDITIVE MANUFACTURING1Executive summaryThe modernisation in technology has always changed the procedure of manufacturing,many methods have transformed due to latest technology such as molding, cutting andforming. According to many experts, 3D printing technology will revolutionise theproduction industry by obsoleting many traditional procedures. The 3D printing usingsophisticated computer technology to create new objects, the machine adds one layer ofmaterial at a time to form an object, therefore, it is called additive manufacturing. Thistechnology is suitable in case company is manufacturing a low quantity of products because itcan reduce the price of production procedure, unlike traditional manufacturing methods.Many corporations are using 3D printing technology to manufacture smallcomplicated parts which are difficult to produce with other techniques. Industries such asmedical and military are most suitable for 3D printing technology as per the latesttechnological advancement, but other sectors including aerospace and automobile are alsoimplementing this technology in their manufacturing process. The popularity of additivemanufacturing will obsolete different parts of production such as cutting, injection moldingand forming. The 3D printing technology will enable consumers to produce their productswithout the requirement of corporation’s assistance which can transform the entiremanufacturing industry.
BUS 108 Introduction to Informatics Assignment_2
ADDITIVE MANUFACTURING2ContentsIntroduction................................................................................................................................33D Printing or Additive Manufacturing.....................................................................................4Suitable for Low Volume Production........................................................................................4Valuable Situations for Additive Manufacturing.......................................................................5Forecast for Additive Manufacturing.........................................................................................5Impact of 3D Printing Technology............................................................................................6Conclusion and Recommendations............................................................................................8References..................................................................................................................................9
BUS 108 Introduction to Informatics Assignment_3
ADDITIVE MANUFACTURING3IntroductionThe 3D printing technology creates products by making three dimensional model ofsuch object on the computer; the machine adds one layer of material at a time to build theproduct. The 3D printing technology assists companies in creating complex objects which aredifficult to produce using any other technique; the computer provides a significant amount ofdetailing in the object which cannot be achieved by using any other method of production.Many experts have predicted that additive manufacturing technology will completely changethe process of creation in next few decades and many industries will benefit from thetechnology. This report will focus on analysing the role of additive manufacturing in theproduction industry and suitable situation for the industry. The report will evaluate the futureof 3D printing technology from the perspective of different industries. Further, the report willdiscuss the valuable conditions for the 3D printing technology and its impact on thetraditional manufacturing procedure.
BUS 108 Introduction to Informatics Assignment_4

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