cost efficiency
21cost — 1 noun 1 MONEY PAID (C) the amount of money that you have to pay in order to buy, do, or produce something: I ll give you $15 to cover the cost of the gas. | at a cost of: The new building s going up at a cost of $82 million. | high/low cost: a… …
22Cost of living — For other uses, see The Cost of Living (disambiguation). Cost of living is the cost of maintaining a certain standard of living. Changes in the cost of living over time are often operationalized in a cost of living index. Cost of living… …
23Cost-Effectiveness Analysis Registry — The Cost Effectiveness Analysis Registry was developed by the Center for the Evaluation of Value and Risk in Health at the Institute for Clinical Research and Health Policy Studies, Tufts Medical Center, Boston, MA. The Registry contains detailed …
24efficiency — technical efficiency 1) A measure of the ability of an organization to produce the maximum output of acceptable quality with the minimum of time, effort, and other inputs. One company is said to be more efficient than another if it can produce… …
25Cost-of-production theory of value — In economics, the cost of production theory of value is the theory that the price of an object or condition is determined by the sum of the cost of the resources that went into making it. The cost can compose any of the factors of production… …
26Cost analyst — In business, a cost analyst is a person who analyzes a company s costs, or the use of available resources, and reports such analysis to management for decision making and control. Tasks Due to a more competitive environment and increasing… …
27cost accounting — A branch of accounting that provides information to help the management of a firm evaluate production costs and efficiency. Bloomberg Financial Dictionary * * * cost accounting cost accounting ➔ accounting * * * cost accounting UK US noun [U] ►… …
28Efficiency Principle — An economic theory that states that the greatest benefit to society of any action is achieved when the marginal benefits from the allocation of resources are equivalent to the marginal social costs of the allocation. The efficiency principle lays …
29efficiency — noun 1) we need reforms to bring efficiency Syn: economy, productivity, cost effectiveness, organization, order, orderliness, regulation 2) I compliment you on your efficiency Syn: competence, capability, ability …
30Cost-weighted activity index — A cost weighted activity index is a technique for measuring the changes in the output of an organisation over time. It is used particularly for Government departments and other bodies that do not operate in a market, hence normal means of… …
