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  2. Cost breakdown analysis - Wikipedia

    en.wikipedia.org/wiki/Cost_breakdown_analysis

    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 ]

  3. Cost reduction - Wikipedia

    en.wikipedia.org/wiki/Cost_reduction

    Every decision in the product development process affects cost: design is typically considered to account for 70–80% of the final cost of a project such as an engineering project [1] or the construction of a building. [2] In the public sector, cost reduction programs can be used where income is reduced or to reduce debt levels. [3]

  4. Reduced cost - Wikipedia

    en.wikipedia.org/wiki/Reduced_cost

    Given a system minimize subject to ,, the reduced cost vector can be computed as , where is the dual cost vector. It follows directly that for a minimization problem, any non- basic variables at their lower bounds with strictly negative reduced costs are eligible to enter that basis, while any basic variables must have a reduced cost that is ...

  5. Isocost - Wikipedia

    en.wikipedia.org/wiki/Isocost

    The cost-minimization problem of the firm is to choose an input bundle (K,L) feasible for the output level y that costs as little as possible. A cost-minimizing input bundle is a point on the isoquant for the given y that is on the lowest possible isocost line. Put differently, a cost-minimizing input bundle must satisfy two conditions:

  6. Return on investment - Wikipedia

    en.wikipedia.org/wiki/Return_on_investment

    By highlighting environmental, social and governance performance in reporting, decision makers have the opportunity to identify new areas for value creation that are not revealed through traditional financial reporting. [7] The social cost of carbon is one value that can be incorporated into Return on Integration calculations to encompass the ...

  7. Marginal abatement cost - Wikipedia

    en.wikipedia.org/wiki/Marginal_abatement_cost

    Abatement cost is the cost of reducing environmental negatives such as pollution. Marginal cost is an economic concept that measures the cost of an additional unit. The marginal abatement cost, in general, measures the cost of reducing one more unit of pollution. Marginal abatement costs are also called the "marginal cost" of reducing such ...

  8. New York’s governor said congestion pricing would hurt the ...

    www.aol.com/york-governor-said-congestion...

    New York was just a few weeks away from becoming the first American city to adopt congestion pricing, a system designed to alleviate traffic, reduce air pollution and fund public transit. Then, at ...

  9. Kaizen costing - Wikipedia

    en.wikipedia.org/wiki/Kaizen_costing

    Kaizen costing is a cost reduction system used a product's design has been completed and it is in production. [1] Business professor Yasuhiro Monden [ 2 ] defines kaizen costing as The maintenance of present cost levels for products currently being manufactured via systematic efforts to achieve the desired cost level.

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