What is low volume operations?
Views: 451 Update date: Feb 23,2024
Low volume operations typically refer to manufacturing or production processes that involve producing goods or providing services in small quantities. This can include custom or niche products that have limited demand, prototypes, or specialized items that aren't mass-produced.
In the context of manufacturing, low volume operations may involve shorter production runs, specialized equipment setups, and higher per-unit costs compared to high volume production. This approach is often used for products with limited market demand, during the initial phases of product development, or for highly customized items where mass production isn't feasible or cost-effective.
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In the context of manufacturing, low volume operations may involve shorter production runs, specialized equipment setups, and higher per-unit costs compared to high volume production. This approach is often used for products with limited market demand, during the initial phases of product development, or for highly customized items where mass production isn't feasible or cost-effective.
In service industries, low volume operations might involve offering tailored services to a small number of clients or providing specialized expertise that's not needed on a large scale.