Examlex
As a key element in achieving alignment,trust stems from perceived fairness and justice from all supply chain members.
Average Total Cost
The complete expense of manufacturing (encompassing both fixed and variable expenditures) divided by the overall amount of goods produced.
Output
The quantity of goods or services produced by a firm, industry, or economy within a certain period.
Per-Unit Cost
The cost associated with producing one unit of a product, calculated by dividing total production costs by the number of units produced.
Diseconomies of Scale
The situation where a company or business grows so large that the costs per unit increase, typically due to inefficiencies.
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