Final answer:
The process of assembling parts and using machines to create a final product is known as manufacturing or assembly line production, which includes standardized parts and specialized labor to enhance efficiency and production speed.
Step-by-step explanation:
Assembling parts and using various machines to create a final product is the process of manufacturing or assembly line production. This method develops, implements and maintains methods, operation sequence and processes in the creation of products. The concept of the assembly line was an American innovation that revolutionized how products are made, notably beginning with the mass production of cars around 1901. The approach is characterized by the use of standardized parts, specialized labor with workers performing very specific operations, and often a moving assembly line which improves efficiency and speed in manufacturing.
The concept has evolved into global assembly lines, as seen in the production of Apple products, wherein different stages of the manufacturing process are carried out in various countries. This process ensures that items are produced quickly, cost-effectively, and consistently. It has fundamentally transformed factory work and significantly boosted the ability to manufacture more finished goods than ever before.