Economies of scale are the cost savings associated with a larger production scale (size) of certain product, the larger the production scale, the lower the per unit product cost.
Economies of scale are the cost savings associated with a larger production size of certain product, the larger the production scale, the lower the per unit product cost.
Even city officials are starting to gripe at the scale and cost of all this.
"Cairn India's Rajasthan asset is world class in terms of scale and cost, delivering strong and growing cash flow".
It is designed to withstand earthquakes of up to 7.5 on the Richter scale and cost 600 million francs.
In the area of energy, innovative approaches to the production of biofuels are taking root, while we work through issues of scale and cost.
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Short-term margins might see some further declines but Daimler expects the economies of scale and cost-cutting inititatives to improve its margins to around 8% from 2013.
The larger challenge in the era of social media then is producing news and information at a scale and cost that matches what marketers are willing to pay.
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You have probably seen similar responses to crises in your organization, even though the scale and cost may be vastly different than the sort of massive humanitarian challenge that happens after a natural disaster.
It should ultimately be capable of making ultralight cars at automotive scale and cost, halving steel cars' weight and fuel use, improving safety, costing no more per car and saving oil equivalent to finding a Saudi Arabia under Detroit.
The move to scale back cost-of-living increases in Colorado gained momentum last year following a study that estimated the Colorado Public Employees' Retirement Association would be out of money in around 30 years, assuming its investments generated a 7% annual return.
"Tesco's exit from the US is a reminder for managers of the dangers of going blindly for scale and cost leaders, the wheels of which are difficult to reverse if you need to change course to becoming a retailer known for first-class customer experience, " Prof Bhalla said.
Manufacturers expect continued cost reductions though economies of scale and supply chain cost reductions.
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First, Web innovators, such as Facebook, Google and Yahoo, have developed a massively scalable storage and compute architecture to manage Big Data: Hadoop, which parallelizes large data sets across low-cost commodity hardware for easy scale and dramatically reducing the cost of petabyte environments.
It is a wonderful little story, history in miniature, which serves to humanize a large-scale tragedy that cost nearly 60, 000 lives.
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What we urgently need is a means of storing energy at large scale and low cost that can be adapted anywhere.
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But no one has been able yet to turn these breakthroughs into industrial processes that can produce something useful on a large scale at reasonable cost.
Disruptive innovation was unleashed with the ecosystem of the Silicon Valley behind it to deliver educational content in a high scale, low cost model while providing a deeply interactive experience to learners akin to one-on-one tutoring.
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Because of its existing scale, the average cost of transacting in dollars is lower than for other currencies.
World-class business processes will allow you to scale innovations quickly and cost-effectively.
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Data growth rates will simply outpace the cost of scale to manage hundreds of terabytes to petabytes of Big Data that comes every day.
The fees are particularly essential for credit unions: far smaller than banks, they cannot take advantage of economies of scale to reduce the cost of servicing their customers.
That means getting to massive scale at relatively minimal cost.
Present low-carbon energy deployment strategies assume that greater economies of scale will drive big cost reductions, but the historical record suggest that this is less the case than normally assumed.
Next the company converted the microbe to produce means to create ethanol fuel from plant cellulose, and following scale-up and cost problems, abandoned that dream to focus upon higher cost chemicals used in cosmetics.
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While conspiracy theorists may want to believe that Big Oil, Big Coal and Big Nuclear are stifling the growth of renewables, the simple truth is that coal, oil, natural gas and nuclear can satisfy the Four Imperatives: power density, energy density, cost and scale.
"As you add scale, your incremental cost goes to zero, " says Robert Greifeld, 51, a former computer salesman who took over at Nasdaq in 2003 as it was being spun out of the old National Association of Securities Dealers, now the Financial Industry Regulatory Authority.
Industrial-scale units house thousands of animals, cutting the cost of production through economies of scale.
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Both are supported by complex platform technology that has cost billions to scale, innovate and maintain.
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