The phrase "approximation cost" is correct and usable in written English.
It can be used in contexts where you are discussing the estimated expenses associated with a project or task.
Example: "The approximation cost for the renovation project is estimated to be around $50,000."
Alternatives: "estimated cost" or "projected cost".
Our second reduction nicely complements the first one by showing that any LP-relative ρ-approximation for the problem of finding a min-cost solution for a set of players yields a truthful, no-bossy, (ρ+1 -approximation for the SCM problem (and hence, a truthful (ρ+1 -approximationtion cost-sharing mechanism).
In another study [ 17] the proportion of high outliers is even higher but, in that case, they used hospital real costs and not an approximation to cost through LOS.
Approximation Via Cost Sharing: A Simple Approximation Algorithm for the Multicommodity Rent-or-Buy Problem, FOCS '03.
Gamma regressions were used to compare outcomes because gamma distribution is suggested by many as a close approximation of cost data.
In spite of the limitations inherent to accounting-based approximations of cost of equity capital, Daske et al. (2010) support this measurement design, arguing that such approximations for cost of equity capital are robust and even more reliable than models based on abnormal earnings growth.
Thus, we decouple the approximation and cost-recovery objectives.
Approximation Via Cost-Sharing: A Simple Approximation Algorithm for the Multicommodity Rent-or-Buy Problem (or PDF).
And this algorithm is an optimal control algorithm based on policy iteration (PI), and it can obtain the suitable approximations of cost function and the optimized control policy.
Relevant to the approach proposed herein, Mahadevan et al. in[17] proposed the use of DW[18] as a projection basis for the sparse approximation of cost-to-go functions.
