Production Cost Advantage

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A source of competitive advantage that depends on producing some product or service at the lowest cost.

Production Cost Advantage

The ability for an economic actor to produce a good or service at a lower cost. For example, if a company produces 100 widgets for $50 and a second company produces 100 widgets for $25, the second company has a production cost advantage in the production of widgets. See also: comparative advantage, absolute advantage.

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No references found			Though Egypt never officially banned the import of steel, for years it importation was infeasible as a result of high freight costs and a production cost advantage enjoyed by local producers. IDA: No new projects in aluminum, ammonia, urea industries by Daily News Egypt (Egypt) Engine choice varies and Renault is driving home its exchange rate and production cost advantage by raising equipment levels. Wheel Scots; FAIRE EXCHANGE by Head, Tony / Daily Record (Glasgow, Scotland) Each firm knows that the absence of a production cost advantage (relative to search costs), the existence of ex post price flexibility, and the response to a disequilibrium price means that each firm cannot expect to sell to more than half of the market. Protection with static collusion by Hartigan, James C. / Southern Economic Journal			Probability Distribution Probability Function probate Probate Estate Problem Child Proceeds proceeds from resale Proceeds Sale Processing Processing Delay Procuracao Procuratore Procurement procuring cause Prodotto interno lordo Producao em massa Producer Price Index producing cause Product Cycle Product Cycle Theory Product Differentiation Product Life Cycle Product Mix Product Risk Production Production Cost Advantage Production Loan Production Payment Financing Production possibilities schedule Production Possibility Frontier Production Rate Production Subsidy Production Taxes Production-flow commitment Productive Mudharaba Productivity Producto basico Producto de la venta Producto interno bruto Producto nacional bruto Productor de seguros Produit Produit fini Produit hybride Produit interieur brut Produit national brut Produtividade Produto Produto acabado Produto final Produto interno bruto			Production Change Order Production Chemical Manufacturing Incorporated Production Code Production Code Administration Production Compression Capability Production Conference Production Conformance Test Production Contract Production Contractor Production Control Production Control Production Control Production Control & Logistics Production Control Department Production Control Desk Production Control Information System Production Control Interface Production Control Module Production Control Monitoring System Production Control Number Production control room Production Control System Production Controller Production Coordinator Production Coordinator production cost Production Cost Accounting System Production Cost Advantage Production Cost Advantages Production Cost Module Production costs Production Credit Association Production Credit for Rural Women Production Cross Reference Associates Production cycle Production cycle Production cycle Production Cycle Process Production Cycles Production Cycles Production d'Electricité d'Origine Nucléaire Production Data Acquisition Production Data Area Production Data Management Production Data Set production database Production Decision Review Production Design Associates production diseases production diseases production diseases production diseases production diseases production drawings production drawings Production Drilling Quarters production ecology Production Economic Order Quantity

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