cost of utilization

USAGE SUMMARY

The phrase "cost of utilization" is correct and usable in written English.
It can be used when discussing the expenses associated with using a particular resource, service, or system. Example: "The cost of utilization for the new software will be factored into our budget for the upcoming fiscal year."

✓ Grammatically correct

Science

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

However, a large number of cellulosic wastes have been discarded or used inefficiently due to the high cost of utilization processes [ 4].

Biotechnology for Biofuels

Only if the subject answered "yes" were they required to complete a subsequent table, in which frequency and/or cost of utilization were to be specified.

BMC Health Services Research

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

However, the associated costs of utilization are considerably different.

Health Economics Review

Thus, again, by not accounting for these costs of utilization, we are overestimating the economic impacts of these trade Agreements.

Journal of Economic Structures

Medical homes: cost effects of utilization by chronically ill patients.

Harvard University

Our heuristic exploits the Interior Gateway Protocol Weight Optimization (IGP-WO) algorithm for optimizing the OSPF link weights so as to minimize the total cost of link utilization.

Computer Networks

External cost of coal utilization will be consequently reduced, ensuring sustainable growth of the economy [7, 8].

Journal of Modern Power Systems and Clean Energy

The orthogonal resource reuse schemes have the common drawback that the interference is mitigated at the cost of resource utilization.

EURASIP Journal on Wireless Communications and Networking

Enormous amounts of agricultural cellulosic wastes are accumulating because of the low efficiency and high cost of their utilization (Lee et al. 2008).

AMB Express

The optimization objective is to maximize the provider's revenue, while satisfying the customers' QoS requirements and minimizing the cost of resource utilization.

Journal of Cloud Computing

Thirdly, the cost of hydrothermal utilization is generally under 2 ¢/kWh for space heating and 4 ¢/kWh for electric generation (Fridleifsson [2001]), while the lowest possible cost for the utilization of EGS is 5.43 ¢/kWh (Sanyal et al. [2007]).

Geothermal Energy

Expert writing Tips

Best practice

When discussing efficiency or budgeting, clearly specify what the "cost of utilization" includes (e.g. maintenance, energy, personnel) to provide a comprehensive overview.

Common error

Avoid using "cost of utilization" without defining what aspects of utilization are being costed. Ambiguity can lead to misinterpretations and inaccurate financial assessments.

Linguistic Context

The phrase "cost of utilization" functions as a noun phrase, typically serving as the subject or object of a sentence. It identifies and quantifies the expenses related to the use of a particular resource, service, or system. As evidenced by Ludwig, this phrase is used in scientific literature.

Expression frequency: Uncommon

Frequent in

Science

100%

News & Media

0%

Formal & Business

0%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "cost of utilization" is a grammatically sound noun phrase used to denote the expenses associated with using a resource, service, or system. Ludwig AI indicates that the phrase is correct and applicable in written English. While "cost of utilization" appears most frequently in scientific contexts, it is important to clearly define the parameters included within the "cost of utilization" to avoid ambiguity. Alternatives such as ""utilization expenses"", ""usage costs"", and "expense of utilization" can be used to provide variety in your writing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

expense of utilization

Swaps 'cost' and 'expense', maintaining the same meaning with a slightly different emphasis.

usage costs

Replaces 'utilization' with 'usage', offering a more common and direct synonym.

utilization expenses

Changes from a prepositional phrase to a compound noun, directly linking utilization with expenses.

resource expenditure

Emphasizes the spending aspect of resources used, changing both nouns.

service cost

Narrows the scope to 'service' instead of broader 'utilization', suitable when referring specifically to a service.

operational costs

Focuses on the expenses tied to the operation or running of a system or resource.

application costs

Highlights the costs associated with applying or implementing something.

cost of access

Shifts the focus to the cost of gaining access to a resource or service.

deployment costs

Focuses on the expenses involved in deploying a resource or system.

implementation costs

Centers on the cost of putting something into effect or implementing it.

FAQs

How can I use "cost of utilization" in a sentence?

You might say, "The company is evaluating the "utilization expenses" of its new software system" or "Reducing the "usage costs" is a key objective for the project".

What's a good alternative to "cost of utilization"?

Depending on the context, you could use phrases like "expense of utilization", ""usage costs"", or "resource expenditure".

What factors are typically included in the "cost of utilization"?

The "cost of utilization" can include a variety of factors, such as energy consumption, maintenance, labor, and the depreciation of equipment, depending on the specific context and resource being used.

How can a company minimize the "cost of utilization"?

Companies can minimize the "cost of utilization" by implementing more efficient processes, optimizing resource allocation, using energy-saving technologies, and regularly maintaining equipment to prevent breakdowns.