Low Volume Low volume refers to a level of production or output characterized by a relatively small quantity of goods, products, or services produced within a specified time frame. In manufacturing and business contexts, low volume production typically involves producing limited quantities of items to meet specific demand, market requirements, or customer needs.
Low volume production may be suitable for niche markets, specialized products, prototypes, custom orders, or short production runs where economies of scale are not as critical, and flexibility, customization, or rapid response are prioritized. While low volume production may involve higher unit costs compared to high volume production, it offers advantages such as reduced inventory levels, faster time-to-market, and the ability to cater to unique customer requirements. |
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