The cost per standard unit or activity supplied, which may be a single sample or a container of a given number. A reduction in long run unit costs can arise from an increase in production/purchasing due to the fixed costs being spread out over more products – and is called economies of scale.

BPIR Categories

15.6.11 Financial management
5.1.1 Plan key production & delivery processes

Unlock this article and 10,000+ more

To get the most out of our extensive resources, please login or become a member below.