process cost
11Cost allocation — is a process of attributing cost to particular cost centers. For example the wage of the driver of the purchasing department can be allocated to the purchasing department cost center. It is not necessary to share the wage cost over several… …
12Cost management — is the process whereby companies use cost accounting to report or control the various costs of doing business.The term cost management is widely used in business today. Unfortunately cost management has no uniform definition. Cost management… …
13Cost to serve — is a process driven accountancy tool to calculate the profitability of a customer account, based on the actual business activities and overhead costs incurred to service that customer.[1] In the context of supply chain management it can be used… …
14Cost effective minimum water network — is a holistic framework for water conservation which considers all conceivable methods to save water based on the water management hierarchy. This framework, which is applicable for industrial as well as urban systems was first developed by Wan… …
15cost centre — noun A department, process or piece of equipment for which costs can be worked out as part of the costing process in business • • • Main Entry: ↑cost …
16Cost efficiency — (or cost optimality), in the context of parallel computer algorithms, refers to a measure of how effectively parallel computing can be used to solve a particular problem. A parallel algorithm is considered cost efficient if its asymptotic running …
17cost allocation — ➔ allocation * * * cost allocation UK US noun [U] (also cost apportionment) ► ACCOUNTING the process of calculating the various costs of making a product, providing a service, etc. and which department within a company or organization should pay… …
18cost control — ➔ control1 * * * cost control UK US noun [C or U] (also cost containment) ► ACCOUNTING the process of controlling how much a company or organization spends so that costs are not greater than an agreed budget, or a particular method that is used… …
19cost cut — cost cutting UK US /ˈkɒstˌkʌtɪŋ/ noun [U] ► the process of reducing how much a company or organization spends: »Restructuring and cost cutting has led to an increase in annual earnings for the industry. cost cutting adjective [before noun] ►… …
20cost-cutting — UK US /ˈkɒstˌkʌtɪŋ/ noun [U] ► the process of reducing how much a company or organization spends: »Restructuring and cost cutting has led to an increase in annual earnings for the industry. cost cutting adjective [before noun] ► »cost cutting… …
