How do you use cost effectiveness?
How do you use cost effectiveness?
(1) The bank must be run in a cost-effective way. (2) It isn’t cost-effective to build cars in such small quantities. (3) It wouldn’t be cost-effective to buy an expensive new computer when all you want to do is word processing. (4) In the medium term prove to be more cost-effective.
What is meant by cost effective?
: producing good results without costing a lot of money cost-effective measures to combat poverty Robot spot welding can be quite cost-effective …—
Which is very cost effective?
The definition of cost effective is something that is a good value, where the benefits and usage are worth at least what is paid for them. An example of cost effective is using VOIP to talk on the phone long distance.
How do you use cost efficient in a sentence?
Cost-efficient sentence example These bundles can be very cost efficient . Equipped with 512 MB memory, it is a more cost efficient upgrade at about $200. Whether you have one – or one dozen – sports cards, Kruk offers friendly and cost efficient service.
What’s another way to say cost effective?
In this page you can discover 26 synonyms, antonyms, idiomatic expressions, and related words for cost-effective, like: economical, low-cost, cost-efficient, thrifty, environmentally friendly, worthwhile, , convenient, frugal, cost-efficiently and time-saving.
What is the difference between cost effective and cost efficient?
“When something is effective it is about doing the right things. When something is efficient it’s about doing things right. You may be paying more but you will be getting the right final result when you focus on cost effectiveness.”
Is it cost effective or cost affective?
The Difference Between Affective and Effective Effective describes something that produces a desired result. Effective comes from the noun effect, which means result. Affective comes from the noun affect, which does not mean the same thing as the verb affect.
What is another word for cost-effective?
What is opposite cost-effective?
Opposite of characterized by economy and good management of money and resources. spendthrift. wasteful. profligate. unthrifty.
Is cost-effective and cheap the same?
“Something being cost-effective is not the same as being affordable. Once we have established value for money there is the beginning of the challenge associated with fitting that new product within the resources available.”
Where do I find the word cost effective?
As always, my starting place is The Oxford English Dictionary. There I find a reference to cost-effective in the entry for cost: cost-effective adj. designating or pertaining to a project, etc., that is effective in terms of its cost. The first OED citation given for cost-effective is dated 1967. I find no entry for cost-efficient.
What does it mean to be cost efficient?
It looks like cost-efficient is a tolerated synonym of a lesser status. As always, my starting place is The Oxford English Dictionary. There I find a reference to cost-effective in the entry for cost: cost-effective adj. designating or pertaining to a project, etc., that is effective in terms of its cost.
Where is the entry for cost effective in OED?
There I find a reference to cost-effective in the entry for cost: cost-effective adj. designating or pertaining to a project, etc., that is effective in terms of its cost. The first OED citation given for cost-effective is dated 1967. I find no entry for cost-efficient.
When was the term cost effective first used?
cost-effective adj. designating or pertaining to a project, etc., that is effective in terms of its cost. The first OED citation given for cost-effective is dated 1967. I find no entry for cost-efficient.
Which is the best definition of cost effective?
Homemade baby toys are not only cost effective but a great way to use recycled materials. cost-effective means for users to run HPC applications. Further, wired cameras are a cost-effective security solution, meaning that you can get the best for the best price.
Where can I find the word cost efficient?
It looks like cost-efficient is a tolerated synonym of a lesser status. As always, my starting place is The Oxford English Dictionary. There I find a reference to cost-effective in the entry for cost:
When do you use the cost average effect?
This term “cost average effect” describes the mathematical phenomenon which occurs when you make a set of smaller, identical investments in securities (which have fluctuating rates). When you buy securities via a set of identical investment sums, you buy more securities when the price of those securities is low than you do when the price is high.
Where can I find a cost effectiveness analysis?
A complete compilation of cost–utility analyses in the peer reviewed medical literature is available from the Cost-Effectiveness Analysis Registry website. A 1995 study of the cost-effectiveness of reviewed over 500 life-saving interventions found that the median cost-effectiveness was $42,000 per life-year saved.