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Production Cost Advantage
(redirected from Production Cost Advantages)

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Production Cost Advantage
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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Another company is scheduled this month to gauge the system's utility in producing cement, evaluating energy, time and production cost advantages.
Moreover, the Burley plant fits well with our destination model and will serve local markets for both fuel and feed with significant production cost advantages over products imported from the Midwest.
5 times as many as on the 200 mm wafer -- yields production cost advantages of up to 30 percent.
 
 
 
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