A typical cost reduction technique employed by a manufacturer is to improve the productivity of their manufacturing processes.

Name: A typical cost reduction technique employed by a manufacturer is to improve the productivity of their manufacturing processes.
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Question

Quizplus · Accepted Answer

Improving the productivity of manufacturing processes allows a manufacturer to produce more goods with the same amount of resources, effectively reducing the cost per unit, which is a common cost reduction technique.

A Typical Cost Reduction Technique Employed by a Manufacturer Is