If the cost to change from one product to another were zero the lot size would be very small.

Name: If the cost to change from one product to another were zero the lot size would be very small.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

If it cost nothing to change from one product to another, then there would be no additional setup costs or switching costs to consider. This means that it would not be expensive or time-consuming to change from one product to another, so smaller lot sizes could be produced more efficiently.

If the Cost to Change from One Product to Another