The Total cost of manufacturing (tcm), in general terms, procurement, manufacturing, inventory, warehousing, and transportation per unit costs each go down as volume goes up. The given statement is True.
The total cost of manufacturing (tcm), in general terms, procurement, manufacturing, inventory, warehousing, and transportation per unit costs each go down as volume goes up. The given statement is False.
Explanation of both the statements
The products and client needs have a considerable impact on manufacturing strategies. When it comes to products, strategies must be developed based on a company's preferences, but when it comes to strategies for customer requirements, businesses must consider the needs of their target markets and concentrate on product aspects that may be of particular interest to them.
Every TCM increases as the volume increases, including procurement costs, production costs, inventory costs, warehousing costs, and transportation costs. All expenses would decrease if there were fewer things produced overall. These expenses are inversely correlated with volume.
To know more about Transportation and warehousing visit:
https://brainly.com/question/14310357
#SPJ1
