Bill demonstrates how to measure the area of different rectangles and the volume of a cube. He explains what the area and volume mean: how much room the shape takes up.
The video discusses how standard sizes revolutionized marketing and assembly line production. It also highlights how important standard sizes are in terms of sales and production. Companies used standard sizes to create a level of predictability regarding how many of each size to manufacture and/or order, and they credit size standardization for being able to create more accurate predictions.