decisions least cost

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• 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 transportation and other urban infrastructure projects. It is based on cost benefit analysis …   Wikipedia

• Cost centre — Cost centres are divisions that add to the cost of the organization, but only indirectly add to the profit of the company. Typical examples include Research and Development, Marketing and Customer service.Companies may choose to classify business …   Wikipedia

• Cost centre (business) — In business, a cost centre or cost center is a division that adds to the cost of an organization, but only indirectly adds to its profit. Typical examples include research and development, marketing and customer service.[1] There are some… …   Wikipedia

• Whole-life cost — Whole life cost, or Life cycle cost (LCC), refers to the total cost of ownership over the life of an asset [1]. Also commonly referred to as cradle to grave or womb to tomb costs. Costs considered include the financial cost which is relatively… …   Wikipedia

• Weighted average cost of capital — The weighted average cost of capital (WACC) is the rate that a company is expected to pay to finance its assets. WACC is the minimum return that a company must earn on existing asset base to satisfy its creditors, owners, and other providers of… …   Wikipedia

• geography — /jee og reuh fee/, n., pl. geographies. 1. the science dealing with the areal differentiation of the earth s surface, as shown in the character, arrangement, and interrelations over the world of such elements as climate, elevation, soil,… …   Universalium

• production, theory of — ▪ economics Introduction       in economics, an effort to explain the principles by which a business firm decides how much of each commodity that it sells (its “outputs” or “products”) it will produce, and how much of each kind of labour, raw… …   Universalium

• Clean Development Mechanism — The Clean Development Mechanism (CDM) is one of the flexibility mechanisms defined in the Kyoto Protocol (IPCC, 2007).[1] It is defined in Article 12 of the Protocol, and is intended to meet two objectives: (1) to assist parties not included in… …   Wikipedia

• Infrastructure Asset Management — is the discipline of managing infrastructure assets that underpin an economy, such as roading, water supply, wastewater, stormwater, power supply, flood management, recreational and other assets. In the past these assets have typically been owned …   Wikipedia

• Traffic Control — ➡ law enforcement * * * Introduction       supervision of the movement of people, goods, or vehicles to ensure efficiency and safety.       Traffic is the movement of people and goods from one location to another. The movement typically occurs… …   Universalium

• Opportunism — Opportunity Seized, Opportunity Missed. Engraving by Theodoor Galle, 1605. Contents 1 General definition …   Wikipedia