Brainstorming Ideas: Reduce the Rate of Cost for the Input Used to Produce the Output

Use the same type of input and the same activities, but pay less for the unit of input employed in producing the output. A reduction in rate is equivalent to a reduction in the number of inputs for the same ICD. For example, if a person who makes $10 per hour could produce the same amount of output as a person making $20 an hour, the substitution of the $10 person for the $20 person in the process would be equivalent to cutting the number of people required to do the work by 50%.

B. Reduce the quality of the input used by using a cheaper form of the input:

The reduction in quality should bring with it a reduction in the rate paid for the input.

1. Warnings and advice

2. USE INPUT WITH LOWER PERFORMANCE

  1. Less Function
    1. Less fashion or style Examples>>
    2. Smaller size Examples>>
    3. Slower speed Examples>>
    4. Less advice or information Examples>>
    5. Less communication capability Examples>>
    6. Less training or experience Examples>>
  2. Less Reliability
    1. Less well-known brand Examples>>
    2. Older equipment Examples>>
    3. Less consistent quality of components Examples>>
  3. Less Convenience
    1. Increased delay in completing task Examples>>
    2. Increased distance from coordinating location Examples>>
    3. Less access to customers Examples>>
    4. Less assistance to find, choose and pay for product Examples>>

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