cost efficiency
71Weighted average cost of carbon — The Weighted average cost of carbon is used in finance to measure a firm s specific cost of carbon. It expresses how much an organization is expending to either reduce carbon emissions internally (wict|abatement) or offsetting externally (carbon… …
72marginal-cost pricing — In economics, the practice of setting a product s price equal to the additional (marginal) cost of producing one more unit of output. The producer charges an amount equal to the cost of the additional economic resources. The policy is used to… …
73Minimum efficiency reporting value — Minimum efficiency reporting value, commonly known as MERV rating is a measurement scale designed in 1987 by the American Society of Heating, Refrigerating and Air Conditioning Engineers (ASHRAE) to rate the effectiveness of air filters. The… …
74production cost variance — In standard costing, the variance arising when the standard cost of the actual production is compared with the actual cost incurred. If the standard cost is higher than the actual cost a favourable variance arises, while if the actual cost… …
75Function cost analysis — (FСА) (sometimes named function value analysis (FVA)) is the a method of technical and economic research of the systems for purpose to optimize a parity between system s (as product or service) consumer functions or properties (also known as… …
76Benefit-cost ratio — A benefit cost ratio (BCR) is an indicator, used in the formal discipline of cost benefit analysis, that attempts to summarize the overall value for money of a project or proposal. A BCR is the ratio of the benefits of a project or proposal,… …
77Economic efficiency — A term that refers to the optimal production and consumption of goods and services. This generally occurs when prices of products and services reflect their marginal costs. Economic efficiency gains can be achieved through cost reduction, but… …
78overhead efficiency variance — overhead productivity variance; = productivity variance In a standard costing system, that part of the overhead total variance that arises from the more or less efficient use of the time available to carry out the actual production. It compares… …
79Total Cost of Ownership — (TCO, Gesamtbetriebskosten) ist ein Abrechnungsverfahren, das Verbrauchern und Unternehmen helfen soll, alle anfallenden Kosten von Investitionsgütern (wie beispielsweise Software und Hardware in der IT) abzuschätzen. Die Idee dabei ist, eine… …
80reproduction cost — A relevant factor in determining the present value of a public utility plant for rate making purposes. According to one view, the cost of construction of a plant identical with the plant appraised; according to another view, the cost of… …
