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Cost effective smean

Webexample, in some dictionaries, ‘efficient’‘cost efficient’ and ‘cost , ective’ are eff given as synonyms. 1. While many economists and others would distinguish between these termstheir uses do not always align. For example, the term ‘cost effective’ is sometimes used to mean that the outcome of an action was worth more than its ... WebCost-benefit analysis is a way to compare the costs and benefits of an intervention, where both are expressed in monetary units. Both CBA and cost-effectiveness analysis (CEA) include health outcomes. However, CBA places a monetary value on health outcomes so that both costs and benefits are in monetary units (such as dollars).

Cost-efficient Definition & Meaning - Merriam-Webster

WebFind 4 ways to say COST-EFFECTIVE, along with antonyms, related words, and example sentences at Thesaurus.com, the world's most trusted free thesaurus. WebMar 27, 2024 · The meaning of COST-EFFICIENT is cost-effective. Recent Examples on the Web This was his candid way of telling rank-and-file employees to become more cost-efficient or risk becoming a redundancy. — Kylie Robison, Fortune, 5 Apr. 2024 This type of customer loyalty is cost-efficient because a company has to spend more money and … kern county health inspection reports https://productivefutures.org

Cost-effective designs

WebCost-effective definition: Economical in terms of the goods or services received for the money spent. WebCost-efficient definition, cost-effective. See more. See the most commonly confused word associated with cost-effective WebCost-effectiveness analysis ( CEA) is a form of economic analysis that compares the relative costs and outcomes (effects) of different courses of action. Cost-effectiveness … kern county health care providers

Cost effectiveness analysis: health economic studies - GOV.UK

Category:COST-EFFECTIVE Synonyms: 4 Synonyms & Antonyms for COST

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Cost effective smean

Cost-efficient - definition of cost-efficient by The Free ...

WebKey Takeaways. Cost efficiency is improving speed, quality, and effectiveness in producing a product or a service to reduce production. costs. The difference between the total input costs in comparison to the … WebCost-effectiveness definition: The definition of cost-effectiveness is having acceptable results for the amount of money spent.

Cost effective smean

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WebOct 1, 2015 · In my opinion, cost-effective means that an investment is worth the cost (in terms of its value measured by defined outcomes criteria). A cost-efficiency analysis … WebJun 24, 2024 · Cost efficiencies are important because they facilitate ways for a company to become more profitable. They maximize a company's capabilities, enabling it to generate …

WebCost-effective definition, producing optimum results for the expenditure. See more. WebThe meaning of COST-EFFECTIVE is producing good results without costing a lot of money. How to use cost-effective in a sentence.

WebDictionary entry overview: What does cost-effective mean? • COST-EFFECTIVE (adjective) The adjective COST-EFFECTIVE has 1 sense:. 1. productive relative to the cost Familiarity information: COST-EFFECTIVE used as an adjective is very rare. Webcost effectiveness the achievement of maximum provision of a good or service from given quantities of resource inputs. Cost effectiveness is often established as an objective …

Web1 day ago · Cost-effective definition: Something that is cost-effective saves or makes a lot of money in comparison with the... Meaning, pronunciation, translations and examples

Webcombined in a cost-effectiveness analysis, the summary measure for the analysis would be cost per 1 percent reduction in blood pressure and cost per 1 percent decrease in body mass index. However, the cost in these two summary measures is the same, so the ratios are somewhat misleading. This makes cost-effectiveness is it better to buy iphone outrightWebCost-Effectiveness Analysis. CEA is a method of comparing decision alternatives in which both the costs and the effects are taken into account in a systematic way (Levin and McEwan, 2001). ... with a saving in the mean total cost per … is it better to buy i bonds in april or mayWebJun 21, 2024 · Cost-effectiveness analysis (CEA) is a research method used to determine the clinical benefit-to-cost ratio of interventions. CEA offers a standardized means of comparing cost effectiveness among interventions. Changes in quality-adjusted life-years (QALYs), disability-adjusted life-years (DALYs), or survival and mortality are some of the ... kern county health benefits departmentWebMar 27, 2024 · The meaning of COST-EFFICIENT is cost-effective. Recent Examples on the Web This was his candid way of telling rank-and-file employees to become more … kern county health services departmentWebCost-effectiveness analysis compares a new treatment strategy with current practice and calculates a cost-effectiveness ratio based on several factors including substance use, … is it better to buy gold nowis it better to buy gold or gold stocksWebDefine cost-effective. cost-effective synonyms, cost-effective pronunciation, cost-effective translation, English dictionary definition of cost-effective. adj. Economical in terms of the goods or services received for the money spent. cost′-ef·fec′tive·ly adv. cost′-ef·fec′tive·ness n. kern county heap application