The phrase "an equivalent cost" is correct and usable in written English.
It can be used when discussing costs that are comparable or similar in value to another cost.
Example: "When comparing the two options, we found that the alternative solution had an equivalent cost to the original plan."
Alternatives: "a comparable cost" or "a similar cost".
Furthermore, by using a one-shot method the entire optimization problem can be solved at an equivalent cost of only a few forward simulations.
Digital Due Diligence partner Doug Pierce (who also served as an expert in the New York Times J.C. Penney expose), writes that those four keywords alone have an equivalent cost of nearly $200,000 per month in Google AdWords.
The EEI estimated that operating a plug-in would have had an equivalent cost of around a gallon in the late 70s and early 80s, and around a gallon since the late 1990s.
In kind assistance should only continue where the affected population prefer it to cash or vouchers on an equivalent cost basis.
As expected, as precision (confidence in the validity of the cue) increases, there is a RT benefit for valid trials and an equivalent cost for invalid trials.
In the past few years, next-generation sequencing (NGS; high-throughput massively parallel sequencing) has allowed an unprecedented increase in our ability to sequence large numbers of genes at an equivalent cost to traditional Sanger sequencing.
Applying this estimated 23.9 % cost-saving figure to England's total ACEIs/ARBs spending in March 2012 of GB£2,220,548,343 would yield an equivalent cost-saving figure of GB£530,711,054.
The initial capital outlay was converted into an annual equivalent cost through a process of annuitizing these costs over the life expectancy of the application [ 12].
Equipment costs are converted into a unit cost by discounting to an annual equivalent cost and then dividing that figure by the number of units performed per year, i.e. an expected lifespan of 7 years discounted by a rate of 6% per year.
Conversion to an annual equivalent cost (AEC) was made by annuitizing the cost of equipment over the expected life (3 years) using an annual discount rate of 5%.
Test costs will include: labour (skill levels will be assessed for particular tasks); consumables; capital (converted into an annual equivalent cost and apportioned to tests based on annual throughput); maintenance costs; and overheads.
