What are interchangeable parts? What are the benefits of using interchangeable parts? How did interchangeable parts change manufacturing? (4 points) (4 points)

Four sentences

Interchangeable parts refer to components that are identical and can be used in place of one another in a product or system. The benefits of using interchangeable parts include increased efficiency in manufacturing as they eliminate the need for custom-made components, simplified inventory management as the same part can be used across multiple products, ease of assembly and repair as any faulty part can be quickly replaced, and lower production costs due to mass production and reduced labor requirements. The introduction of interchangeable parts revolutionized manufacturing by enabling standardized production processes, reducing the skill level required for assembly and repair, speeding up production time, and facilitating the assembly line production method.