Economies of scaleMoving assembly line, Highland Park
→Henry Ford announced in 1909 that the company would build one model, with the same chassis for every car. Highland Park opened on January 1, 1910, and after the moving line arrived in 1913, chassis assembly fell from 12 hours 8 minutes to 93 minutes by 1914. The price fell from $850 in 1908 to $490 in 1914 and $260 in 1924.
Economies of scale