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.