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Air Canada will be able to "get rid of a lot of its cost disadvantages, restructure the business and start afresh," Mr. Kavafian said.
It explains lower Chinese prices largely in terms of a tedious accumulation of minor cost disadvantages borne by Indian industry (see chart).
In addition, using process variant 4 as master process has cost disadvantages at equal demand effects (Table 3).
Sensitivity and scalability analyses show that the algorithm's results are also robust and do not involve cost disadvantages over time.
Traditionally, virtually all manufacturing operations have been carried out batch wise in spite of cost disadvantages and the fact that in many cases continuous processing could lead to the manufacture of purer products.
What's more, he wrote that our nation's low industrial energy costs, partly driven by the increasing supply of energy, offset other cost disadvantages here, which is ultimately helping to drive reshoring of manufacturing.
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"We have a significant cost disadvantage," Mr. Arpey said.
Putting American workers at a cost disadvantage is unwise as well as unfair.
"That means we probably face a fifteen-per-cent cost disadvantage versus foreigners for no other reason than historical accident...
The Big Three for years have blamed that cost disadvantage for their sinking market share in the United States.
"That means we probably face a fifteen-per-cent cost disadvantage versus foreigners for no other reason than historical accident..
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