Examlex
What is the business value of a DSS?
Economies of Scale
Refers to the cost advantage that arises with increased output of a product, where the average cost per unit decreases as production scales up.
Diseconomies of Scale
The phenomenon where a company's production costs increase as it produces more, resulting in a decrease in efficiency.
Output Units
Quantitative measures of production, representing the number of units of goods or services produced.
Economies of Scale
Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale.
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