Add Papers Marked0
Paper checked off!

Marked works

Viewed0

Viewed works

Shopping Cart0
Paper added to shopping cart!

Shopping Cart

Register Now

internet library
Atlants.lv library
FAQ

Great deal: today with a discount!

Regular price:
2,49
You save:
0,45 (18%)
Discounted price*:
2,04
Purchase
Add to Wish List
ID number:956417
Author:
Evaluation:
Published: 30.04.2019.
Language: English
Level: College/University
Literature: n/a
References: Used
Extract

In figure 2 you can see a little girl working at an Indian weaving, cloth making factory, which shows that production cost can be minimized also by using child labour. This is another aspect I absolutely despise. Of course, it is economically profitable, but so many children lose their childhood whilst working in the clothing or food making, or any other industry, which needs more cheap labour.
Another way of production cost minimization is by buying resources needed for the product for a lower price according to how much the quantity needed is, for instance, wood, glue, nails, salt, etc. This can be improved by cooperating with manufacturers, or wholesalers. If they are either very close to the production place, or give quantity discounts, or offer other types of price cooperation devices, it is possible to minimize the cost on the production. If a salt supplier is very close to the factory, route expenses are smaller than if the salt has to be taken from a place across the country. Quantity discounts are very popular towards production factories, however, some companies tend to have contracts, which let certain companies cooperate in order to have loyal customers and constant, beneficial suppliers.

Author's comment
Work pack:
GREAT DEAL buying in a pack your savings −2,94 €
Work pack Nr. 1372232
Load more similar papers

Send to email

Your name:

Enter an email address where the link will be sent:

Hi!
{Your name} suggests you to check out this Atlants.lv paper on „Cost Production Minimization”.

Link to paper:
https://eng.atlants.lv/w/956417

Send

Email has been sent

Choose Authorization Method

Email & Password

Email & Password

Wrong e-mail adress or password!
Log In

Forgot your password?

Draugiem.pase
Facebook
Twitter

Not registered yet?

Register and redeem free papers!

To receive free papers from Atlants.com it is necessary to register. It's quick and will only take a few seconds.

If you have already registered, simply to access the free content.

Cancel Register