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If competitors are successful in achieving additional cost savings, United's relative cost position could weaken further.
"Our fourth and first quarters will be tough, but we'll be in a viable cost position when the economy turns around," Mr. Bossidy said.
With his engineering background, Mr. Lorberbaum created unique and efficient manufacturing processes that gave Aladdin a low cost position in the market.
"The low-cost carriers are clearly in a cost position to take advantage of the situation," said Steven A. Morrison, a professor of economics at Northeastern University who studies the airline industry.
But Mexican precious metal miner Fresnillo has fallen 17p to £12.86 after UBS moved from buy to neutral: We continue to like Fresnillo's low cost position, growth profile, low corporate governance and country risk and strong balance sheet.
Its performance "was supported by very solid results at Mercedes-Benz Cars in consequence of strong sales, model mix and pricing as well as a favorable overall cost position during the first quarter," the company said.
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Yield-sensitive cost positions were calculated via yield-related linear functions.
Fig. 10 Cost variation of SRC cost positions based on a literature review of 32 sources on German SRC plantations [65 67, 72 99].
Take a "blended services" approach: The services supply chain delivers blended services that are "invisible" to the user, but create new experiences and superior cost positions.
To illustrate the impact of specific cost positions on the annual economic return (annuities), a set of eight variables for SRC (Table 5 in Appendix) and a set of seven variables for annual crops (Table 6 in Appendix) were varied.
SRC cost calculation was carried out for five cost positions: (a) site preparation and planting, (b) harvesting operation, (c) transportation in a 20-km radius, (d) storage and drying and (e) re-conversion, by taking their median values from 32 literature sources on German SRC production [28, 65 67, 72 99].
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