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Function cost analysis (FСА) (sometimes called function value analysis (FVA)) is 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 value) and expenses to achieve those functions or properties.
The cost breakdown analysis is a popular cost reduction strategy and a viable opportunity for businesses. [1] [2] [3] The price of a product or service is defined as cost plus profit, whereas cost can be broken down further into direct cost and indirect cost. [1] As a business has virtually no influence on indirect cost, a cost reduction ...
AFCAA REVIC is a set of programs for use in estimating the cost of software development projects. [1] The Revised Enhanced Version of Intermediate COCOMO (REVIC) model is a copyrighted program available for public distribution under agreement with the REVIC developer, Ray Kile, and the U.S. Air Force Cost Analysis Agency (AFCAA).
The term differs slightly from Total cost of ownership analysis (TCOA). LCCA determines the most cost-effective option to purchase, run, sustain or dispose of an object or process, and TCOA is used by managers or buyers to analyze and determine the direct and indirect cost of an item. [1] The term is used in the study of Industrial ecology (IE ...
Shay Motors Corporation was an automobile company founded by Harry J. Shay in February 1978 as the Model A & Model T Motor Car Reproduction Corporation. [1] Harry Shay arranged with Ford Motor Company to build a limited run, modern-day reproduction of the Ford Model A Roadster, with a rumble seat, that was to be sold through the network of Ford Automobile Dealers and built in Battle Creek ...
The primary data set used in cost distance analysis is the cost raster, sometimes called the cost-of-passage surface, [9] the friction image, [8] the cost-rate field, or cost surface. In most implementations, this is a raster grid , in which the value of each cell represents the cost (i.e., expended resources, such as time, money, or energy) of ...
Transaction cost analysis (TCA), as used by institutional investors, is defined by the Financial Times as "the study of trade prices to determine whether the trades were arranged at favourable prices – low prices for purchases and high prices for sales". [1] It is often split into two parts – pre-trade and post-trade.
Least-cost planning methodology (LCPM), also referred to as least-cost planning (LCP) is a relatively new technique used by economists for making rational decisions about investments in transport and other urban infrastructure projects. It is based on cost–benefit analysis. However, it is more comprehensive in that it looks at not only the ...