Sentence examples for costs of procurement from inspiring English sources
We document whether and how publicizing a public procurement auction causally affects entry and the costs of procurement.
We find that the increased publicity requirement induces more entry and higher winning rebates, which reduces the costs of procurement and rationalizes public spending.
The TCO should factor the actual costs of procurement, management, maintenance and decommissioning of hardware resources over their useful life (which is typically 3 or 5 year period).
The Economic Production Quantity (EPQ) model can be considered as an extension to the well-known Economic Order Quantity (EOQ) model, and it is a technique to find out optimum production quantity by considering costs of procurement, inventory holding, and shortage.
In such circumstances, the monetary costs of procurement became an important consideration.
Breast milk is an important aspect of food security in communities where access to market food is economically prohibitive and access to traditional country food is a challenge due to environmental contamination, decline of species and costs of procurement and availability of hunters in the family [ 20].
These organisations suggest that corruption adds 10% to the total cost of doing business globally, and a staggering 25% to the cost of procurement contracts in developing countries.
It may reduce the number of arms but raise the cost of procurement; items in short supply, like food, will command higher prices.
In particular, we show that pooling at higher net worth may reduce the cost of procurement even when default is costless for the sponsor.
The success of these reforms matters to all of us because, if we exclude benefits and pensions, the cost of procurement amounts to 40% of government expenditure: £6,000 a year for each taxpayer.
