economy of scale

English - Turkish

Definition of economy of scale in English Turkish dictionary

(Ticaret) ölçek ekonomisi

(Ekonomi) Ölçek ekonomisi: Firmaların büyüklüğünden kaynaklanan unsurlar, maliyetlerin düşürülmesi, verimlilik ve üretimin artması ve bunun sağladığı tasarrufların yarattığı olumlu sonuçlara “ölçek ekonomileri” etkileri denmektedir

English - English

Definition of economy of scale in English English dictionary

The decrease in unit manufacturing cost that is due to mass production

(Ekonomi) A reduction in the cost of producing something (as a car or a unit of electricity) brought about especially by increased size of production facilities ― usually used in plural

the saving in cost of production that is due to mass production

The principle that higher volume production operations have lower unit costs than smaller volume operations

the reduction in costs per item (unit costs) that results from large-scale production The high capital costs of machinery or a factory are spread across a greater number of units asmore are produced This may be a result of automation or mass production; for example, in the car industry Economies of scale can also be produced when firms that need similar services locate together, sharing the costs of their services; for example, on industrial estates

XE "Economy of scale"  - The action XE "action"  of combing repeated actions or items at one time to reduce costs

The reduction in cost per unit when production increases due to higher efficiencies that accompany greater capacity

describes situations where quantity counts -- where the average cost of producing an item falls as the number produced increased In other words, the more of an item a company makes, the less each item costs to make on average

A phenomenon which encourages the production of larger volumes of a commodity to reduce its unit cost by distributing fixed costs over a greater quantity

The lowering of costs with added output due to allocation of fixed costs over more units

(p 234) The situation in which companies can produce goods more inexpensively if they can purchase raw materials in bulk; the average cost of goods goes down as production levels increase

Hyphenation

E·con·o·my of scale

Turkish pronunciation

ikänımi ıv skeyl

Pronunciation

/ēˈkänəmē əv ˈskāl/ /iːˈkɑːnəmiː əv ˈskeɪl/

Etymology

[ i-'kä-n&-mE, &-, ] (noun.) 15th century. Middle French yconomie, from Medieval Latin oeconomia, from Greek oikonomia, from oikonomos household manager, from oikos house + nemein to manage; more at VICINITY, NIMBLE.