unit cost
Frequency: 7.012.8 per million words
The cost to produce, store, and sell one individual item.
Categories:
Examples (10)
- Reducing the unit cost is crucial for increasing profit margins.
- The factory aims to lower the unit cost through efficient production methods.
- Analyzing the unit cost helps businesses make informed pricing decisions.
- Small businesses often struggle with high unit costs due to limited economies of scale.
- The new technology significantly decreased the unit cost of manufacturing.
- We need to calculate the exact unit cost before setting the retail price.
- Fluctuations in raw material prices can directly impact the unit cost.
- Understanding the average unit cost is vital for competitive analysis.
- The company's goal is to achieve the lowest possible unit cost in the industry.
- Higher production volumes usually lead to a reduction in unit cost.