Cost efficiency definition

Cost efficiency means minimum total cost and "performance- based" means that unreliability reflecting system performance is evaluated and included in the total cost as a risk component. Obviously, in this criterion, single contingency is not the imperative requirement but is considered as part of overall

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Cost efficiency means efficiently using monetary or non-monetary resources to achieve more profits. A cost-efficient business is assumed to be a well-managed business. However, it is very important to realize that cost-efficiency should not be attained by cost-cutting in core areas of a business. For example, cost-cutting in product safety checks may lead to the production of low-quality products that may lead to a decline in sales.

Cost efficiency means ‘a way of saving money, or of spending less money’ [9]. Due to the inclusion of a lot new technologies, both hardware and software, modern systems tend to be more and more costlier. However, one of the targets of the proposed integration process will be that it will be cost efficient. It will introduce the solution with features that will be effective, but at the same time will limit the cost. The existing features of the smart washing machine will also be reused efficiently.

Examples of Cost efficiency in a sentence

• Cost efficiency: Jurisdictions will identify conditions under which cost efficiency may dictate where suppression strategies and tactical actions are taken (i.e., it may be more cost effective to put the containment line along an open grassland than along a mid-slope in timber).

• Cost efficiency: Jurisdictions will identify conditions under which cost efficiency may dictate where suppression strategies and tactical actions are taken (i.e. it may be more cost effective to put the containment line along open grassland than along a mid-slope in timber).

• Cost efficiency in Power Procurement and Delivery Service in the Electric Utility Industry.

• Cost efficiency: Contracting process will be carried out in such a manner that the proposal that best suits the Company's interests is selected, with due planning of the contracting process, and using the necessary technical, financial, and human resources.

• Table 9 Interfaces will be supported by ▇▇▇▇▇▇▇ and Venture switch Beam Steering Switch OXS Supported Connector/Interface LC/UPC MTP Elite SMF Loss (db) 0.1 0.35 Low /zero Scalability Low High 8×8 Cost efficiency High Medium Not known yet With the comparison analysis of each optical technology, this section provides input to the DCN structure design.

• Cost efficiency is an important driver of earnings momentum for the Issuer.

• Cost efficiency and effectiveness will be achieved by leveraging activities and partnerships with other initiatives, including through leveraging national capacities at the Country Office level.

• Cost efficiency savings will also create wealth through redirection of expenditure to an increased number of revenue generating activities.

• Table 7: Interfaces will be supported by ▇▇▇▇▇▇▇ and Venture switch Beam Steering Switch OXS Supported Connector/Interface LC/UPC MTP Elite SMF Loss (db) 0.1 0.35 Low /zero Scalability Low High 8×8 Cost efficiency High Medium Not known yet An optical transceiver is a computer chip that uses fibre optic technology to communicate with other devices.

• Cost efficiency can also be obtained from signing document files.