Manufacturing Joining the On-Demand, Collaborative Economy
Small Business Labs
APRIL 24, 2017
Companies, entrepreneurs, and inventors can rent time on nearby equipment, be it CNC milling machines, water jets, or laser cutters—any of which can cost from $50,000 to $250,000 apiece to purchase. More broadly, this is another example of shift to variable costs. For the manufacturing firms, this increases their efficiency.
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