Jigs and fixtures are devices used to accurately locate and secure workpieces during machining operations. They help produce identical duplicate parts by guiding tools in the same way for each part. Jigs are typically used for drilling and boring, while fixtures are used on milling machines and sometimes other machines like lathes. The key components of jigs and fixtures include clamps, chucks, vices, and bushings to hold the workpiece firmly in place. They provide benefits like reduced costs, increased production rates and part interchangeability. Careful design following principles such as fool-proof locating points and quick-acting clamps is important for effective jigs and fixtures.