decremental cost

USAGE SUMMARY

The phrase "decremental cost" is a correct and usable phrase in written English.
It means the cost is reducing or going down. Example sentence: The new energy-efficient windows decreased the decremental cost of electricity in the summer months.

✓ Grammatically correct

Science

Human-verified examples from authoritative sources

Exact Expressions

6 human-written examples

It is possible that the test will lead to not only fewer QALYs but also fewer costs, which can be defined as "decremental" cost per QALYs.

Value in Health

Non-inferiority studies combined with decremental cost effectiveness analyses – although thus far seldom done and challenging [ 25] are the preferential design to achieve this.

BMC Musculoskeletal Disorders

Cost per quality adjusted life year (QALY) differences between groups are expressed as a decremental cost effectiveness ratio (DCER), i.e. saved costs divided by (possible) loss in QALY.

BMC Musculoskeletal Disorders

Of note, instead of the common term incremental cost effectiveness ratio (ICER), this approach results in a decremental cost effectiveness ratio (DCER), that states the amount of costs saved per lost QALY.

BMC Musculoskeletal Disorders

Thereafter, when the intervention is not a clearly dominated or dominant strategy, a decremental cost effectiveness ratio will be estimated using bootstrapping, expressed as saved costs divided by loss in quality of life.

BMC Musculoskeletal Disorders

– To estimate the decremental cost effectiveness ratio of a protocollised dose reduction/withdrawal strategy of adalimumab or etanercept compared to usual care for the 9 months induction phase and for the 12 months maintenance phase.

BMC Musculoskeletal Disorders

Human-verified similar examples from authoritative sources

Similar Expressions

54 human-written examples

Yellow shading (12 cells) indicates incremental costs and incremental outcomes, while orange shading (22 cells) indicates decremental costs and decremental outcomes.

BMC Health Services Research

Red shading (one cell) represents incremental costs and decremental outcomes (i.e., the PCP scenario dominates).

BMC Health Services Research

Moreover, we evaluate the performance of the decremental approach with respect to the CPU times and optimal costs by applying the A∗ algorithm and Dijkstra's algorithm to different networks.

Measurement

In most systems the incremental and decremental responses is different.

Practical Process Control for Engineers and Technicians

Color appearance judgments revealed fundamental differences in visual processing of incremental and decremental lights.

Stanford University

Expert writing Tips

Best practice

When using "decremental cost", ensure the context clearly indicates what the cost is decreasing from. Be specific to avoid ambiguity.

Common error

Avoid using "decremental cost" when the cost is actually increasing. This term specifically refers to a reduction in cost, not an incremental rise.

Linguistic Context

The phrase "decremental cost" functions as a noun phrase where "decremental" modifies the noun "cost". It describes a situation where costs are decreasing. According to Ludwig, the phrase is grammatically sound and usable in English, primarily within specialized contexts.

Expression frequency: Uncommon

Frequent in

Science

100%

Less common in

News & Media

0%

Formal & Business

0%

Ludwig's WRAP-UP

The phrase "decremental cost" accurately describes a situation where costs are decreasing. As Ludwig AI confirms, it's grammatically correct and most frequently found in scientific contexts. When using this term, ensure the context clearly indicates the cause or source of the cost reduction to avoid ambiguity. Consider alternatives like "reduced cost" or "cost savings" depending on the specific nuance you wish to convey. Although grammatically correct, be aware that it's not a widely used term.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

reduced cost

Focuses on the outcome of cost reduction rather than the process.

decreasing cost

Highlights the ongoing nature of the cost reduction.

lower cost

Simple and direct way to express a reduction in cost.

cost savings

Shifts the focus to the beneficial result of reduced expenses.

declining cost

Similar to decreasing cost, but might imply a more gradual reduction.

cost reduction

Formal term for the process of making costs lower.

diminished cost

Emphasizes a significant reduction in cost.

alleviated cost

Suggests that the cost has been made more bearable or easier to manage.

mitigated cost

Implies efforts were made to reduce the impact or burden of the cost.

curtailed expense

More formal and emphasizes the act of limiting or reducing expenses.

FAQs

How can I use "decremental cost" in a sentence?

You might say, "The implementation of the new technology resulted in a "decremental cost" for energy consumption." This indicates the technology lowered energy costs.

What's the difference between "decremental cost" and "reduced cost"?

"Decremental cost" implies a process or action leading to the cost reduction, while "reduced cost" simply states the outcome. The former highlights the dynamics of cost change, while the latter describes a state.

Is "decremental cost" the same as "cost savings"?

Not exactly. "Decremental cost" refers to the decreasing nature of the cost itself. "Cost savings", on the other hand, refers to the amount of money saved due to the cost reduction.

What are some situations where I would use "decremental cost"?

Use "decremental cost" when discussing efficiency improvements, process optimizations, or technological advancements that lead to a reduction in expenses over time. This is especially useful in scientific and formal contexts.