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Free sign upThe phrase "cost minimization" is correct and usable in written English.
It can be used in contexts related to economics, business, or project management when discussing strategies to reduce costs.
Example: "The company's primary goal for the upcoming fiscal year is cost minimization to improve overall profitability."
Alternatives: "cost reduction" or "expense minimization."
Exact(35)
The standard DARP objective is cost minimization.
Owners commonly use construction cost minimization.
The strategy of cost minimization single-mindedly followed with the Model T was a spectacular success.
Mass minimization and material cost minimization are also considered.
Reliability maximization and cost minimization are concurrently considered.
Moreover, the fuel cost minimization problem is solved using IPM.
Similar(25)
DESIGN: Cost-minimization analysis using a micro-costing approach (Canadian Task Force classification III).
Third, we ask whether product choices are cost-minimizing in present-value terms, or whether various market failures and/or behavioral phenomena inhibit such cost-minimization.
Tan, T. E. et al. A cost-minimization analysis of tissue-engineered constructs for corneal endothelial transplantation.
This is a cost-minimization analysis comparing those regimens.
Cost-minimization analysis of robotic-assisted, laparoscopic, and abdominal sacrocolpopexy.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.
Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com