Examlex
A "focused factory" refers to
Economies Of Scale
Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale.
Bottleneck Procedure
A method or process in manufacturing or production that significantly slows down or impedes overall workflow due to limited capacity or resources.
Economies Of Scale
Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.
Decreasing Returns To Scale
See Diseconomies of scale.
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