
made in tremendous variety and subtle variations. Structured
artfully, the making process can produce outcomes to suit dif-
ferent conditions, companies, and challenges.
Mass production developed out of the need to diffuse high
reconfiguration and exploration costs across a large number of
units. When those costs are not very high to begin with, we
don’t need to do this. Instead, we can claim larger margins
from individualized transactions, and we can engage in such
transactions again and again. We can move from a large
number of cheap and rapid repetitive transactions, to a
large number of cheap and rapid iterative transactions.
Instead of a large number ...