What is considered low volume production?

Low volume production refers to the manufacturing or production of a relatively small quantity of goods or products. The specific threshold for what is considered "low volume" can vary depending on the industry and context. In general, it typically involves quantities that are too small for mass production but larger than the prototype or one-off production stage.

In some industries, low volume production might involve producing hundreds or a few thousand units of a particular product. This level of production is often chosen when the demand for a product is not high enough to justify large-scale production, or when the product is highly specialized and caters to a niche market.

The definition of low volume production can be relative and depends on factors such as the industry standards, the scale of production facilities, and the cost-effectiveness of producing a particular quantity. In contrast, high volume production involves manufacturing much larger quantities of goods to meet widespread demand and typically benefits from economies of scale.
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