Form of production limited to a very small number of products for a particular target market. This requires a smaller investment and allows a greater degree of expertise to be developed than a more diversified manufacturing operation.
| Business Dictionary: Focused Factory |
Form of production limited to a very small number of products for a particular target market. This requires a smaller investment and allows a greater degree of expertise to be developed than a more diversified manufacturing operation.
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| Accounting Dictionary: Focused Factory |
Objective of a focused factory is to organize around a specific set of resources to provide low cost and high throughput over a narrow range of products.
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