He showed that investment in setup reduction leads to reduction in optimal production run length and reduces lot size, whereas investment in process quality improvement leads to an increase in optimal production run length and increases lot size.
To hold down development last year, the town increased its lot size from an acre and a half to two acres, specifying that a house must be put on a 150-foot-square that is free of easements, wetlands, watercourses, setbacks, slopes and ledge.
It made sense, members said, to respond by increasing the lot size.
Merely increasing the lot size, in Roxbury or similar towns, would not do what advocates want, land-use experts say.
Officials mapped out resource conservation areas and increased building lot sizes based on anticipated water use.
"So they've enacted building caps, moratoriums; increased minimum lot sizes; or overencouraged commercial development, all of which consumes twice as much open space".
In fact, a rezoning proposal being studied by the town could even increase minimum lot sizes, though it is not yet clear by how much.
Moreover, when demand elasticity increases, the lot size (Q*) will decrease.
Moreover, when the demand elasticity increases, the lot size (Q*) will decrease.
"The trend is that most are increasing their minimum lot size requirements".
