"cost optimisation" is a correct and usable phrase in written English.
You would use it when discussing how to make a process or operation more efficient, generally by cutting its costs. For example, "Our team is working hard on cost optimisation to increase our profits."
This will be partly offset by £90m of cost optimisation savings resulting in a 4% net impact on 2017 constant currency earnings.
This paper presents a Decision Support System (DSS) for maintenance cost optimisation at an Offshore Wind Farm (OWF).
Cost optimisation of reinforced concrete flat slab buildings according to the British Code of Practice (BS8110) is presented.
The ease of use of this formula for preliminary design is finally illustrated in a cost optimisation problem.
The cost optimisation modelling is performed by a case study for a hybrid electrolyser/battery system directly coupled with a large PV power plant without grid connection.
This paper presents design, development and application of a finite-element based least cost optimisation model (named ResOp) for reservoirs using a Genetic Algorithm.
Furthermore, Wiese [42] states that twenty-first century challenges need to include other perspectives than least-cost optimisation.
The nutrient screen was designed to provide a miniaturised, automated, high-throughput platform for rapid low-cost optimisation of nutrient conditions.
As MARKAL is a least-cost optimisation model, it will select the cheapest technology to serve the demand while satisfying the constraints, even if those cost savings are only marginal.
It does so by designing industrialisation scenarios and consequently deriving different DSM penetration levels using a cost-optimisation model.
This novel risk-based indicator can be related to the price of that risk and the associated investment costs, enabling the cost-effective optimisation solutions to the problems of TL arrester applications and station insulation coordination design.
