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What are the advantages and disadvantages of automation?

Advantages:

1. Lesser working hours for the same production.

2. Reduced lead time.

3. Elimination of set up time.

4. Safer working conditions.

5. Better product quality.

6. Increased standard of living.

Disadvantages:

1. Lower skill levels of workers.

2. High initial investment.

3. Retrechment or unemployment.

4. Not suitable for short product life cycle.

5. Not economically justifiable for small scale production.

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