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Appalachian would have to give its ratepayers a cost reduction equal to $10 million.
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If the more expensive fibrin sealant is to be economically justified, an additional reduction equal to at least the cost of one blood transfusion should be observed.
The optimisation procedure reduces considerably the computational costs, offers a complete separation between the system modelling and the optimisation problem and shows that a local skin buckling between the stiffeners allows a weight reduction equal to 18%.
In fact, it is one of the few proposals (that I've seen anyway) that attempts to put cost reduction and quality enhancement on equal footing.
The results show that DERs are beneficial to cost reduction.
Profitability: Align cost reduction with sustainability.
The increase was ascribed to cost reductions that increased margins.
The second scenario produced an incremental cost reduction of €7.3 million, reaching a net decrease equal to €18.3 million (95% CI: −€16.2 to −€20.5).
The second scenario (increase in treated patients to 12,790) produced an incremental cost reduction of €7.3 million, reaching a net decrease equal to €18.4 million.
We need cost reductions, not cost containment.
"The original 8Gbyte iPhone carried a cost of $226 after component price reductions, giving the new product a 23percentt hardware cost reduction due to component price declines".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com