economy of scale

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    ECONOMY IN TRANSPORTATION

    ECONOMY IN TRANSPORTATION Economy means minimization of cost per unit. There are two kinds of economies which can be achieved in transportation system: 1] Economy of Scale: Economy of scale refers to reduction in the unit cost as the volume of shipment increases. For e.g. a transportation...
    • sunandaC
    • Thread
    • economy economy in transportation economy of distance economy of scale elements of logistics logistics management transportation types of economy
    • Replies: 4
    • Forum: Elements Of Logistics (Logs)
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