Transactions of the INDIAN CERAMIC SOCIETY Vol. 26 1967
Relation Between Size and Cost of
Production in Glass Industry
J. N. KANSAL
Pages : 25N-28N
DOI : 10.1080/0371750X.1967.10855611
Abstract
There is a general belief that large size units are more
economical and efficient in working than the small sized
ones. The word efficient is a relative term and is used
about a particular unit in relation to some other units.
It is known that absolute measurement of efficiency is
not possible, but the relative efficiency of different units
can be measured with reasonable accuracy. Further, the
term efficiency is used in a more comprehensive sense
i.e., as a measure of securing the best possible ~Wults at
the least cost. Cost of production per unit of output
can be regarded as the most suitable and reliable standard
of efficiency. The lower the cost per unit of output, the
greater is the efficiency attained by the industrial unit.
