integrated cost

USAGE SUMMARY

"integrated cost" is a correct and commonly used term in written English.
It refers to the total cost of a project or operation, taking into account all associated expenses and factors. Example: "The project manager presented a detailed breakdown of the integrated cost for the new construction, including materials, labor, and overhead expenses."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

9 human-written examples

Then, an integrated cost objective function was defined.

Transportation Research Part E: Logistics and Transportation Review

A combination of different methods, such as material flow analysis, damage units, reference soil method, annuity method, integrated cost calculation and a literature study on solubility, fertilizing effects and handling of recovered materials, is used to evaluate the different technologies with respect to technical, ecological and economic aspects.

Science of The Total Environment

The developed model enables the identification of the hybrid business models that are successfully pursuing an integrated cost leadership and differentiation strategy.

Journal of Air Transport Management

Dimension Data says the acquisition of Xigo, formerly known as Invoice Insight, will enable them to offer enterprise customers an integrated cost optimization solution for spend analysis, sourcing, provisioning and invoice processing.

TechCrunch

Hence for a fixed (left( {Q,,L,,m} right)), the minimum total integrated cost per unit time will occur at the end points of the interval (L in left[ {L_{i},L_{ii - 1}} right]), (i = 1,2, ldots,n).

Journal of Industrial Engineering International

The PODOSA trial design included an integrated cost analysis.

BMJ Open

Human-verified similar examples from authoritative sources

Similar Expressions

51 human-written examples

Will intraservice rivalries ever be eliminated so that we can develop the "right" integrated cost-effective weapon systems?

The New York Times

The paper presents the improved ChinaCCS Decision Support System (DSS), a tool developed by the General Algebraic Modeling System GAMSS) for optimizing CO2 transportation network given a set of sources and sinks by generating a fully integrated, cost-minimizing CCS system.

Applied Energy

If the two were better integrated, costs and reoffending would be cut, the committee added.

BBC

"It's to get them thinking about how to integrate cost consciousness into practice".

The New York Times

The tool uses this data to calculate and integrate cost information with relevant quality and outcome measures.

Harvard Business Review

Expert writing Tips

Best practice

When using "integrated cost", clearly define which specific costs are included in the integration to avoid ambiguity. For example, specify if it includes direct labor, materials, overhead, and opportunity costs.

Common error

A common mistake is using "integrated cost" without detailing the individual cost components. This can lead to misunderstandings. Always clarify what the integrated cost encompasses, such as "integrated cost including materials, labor, and shipping."

Linguistic Context

The phrase "integrated cost" functions as a noun phrase, where "integrated" acts as an adjective modifying the noun "cost". Ludwig AI confirms that the phrase refers to the total expenses, considering all associated factors.

Expression frequency: Uncommon

Frequent in

Science

43%

News & Media

29%

Formal & Business

28%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "integrated cost" refers to a comprehensive accounting of all expenses related to a project, product, or service. Ludwig AI confirms its validity and common usage in formal contexts. While the phrase is grammatically sound and understood, clarity is key. Ensure to specify the cost components included within the integration to avoid ambiguity. Alternatives such as "total cost" or "comprehensive cost" can be used, but they may lack the emphasis on a systematic calculation. Predominantly, this phrase is used in Scientific, News & Media, and Formal & Business contexts, as shown by the examples provided by Ludwig.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

total cost

Focuses on the sum of all expenses without necessarily implying a unified calculation method.

comprehensive cost

Emphasizes the inclusion of all relevant costs in the calculation.

overall cost

Highlights the final or aggregate cost of a project or item.

full cost

Indicates that all direct and indirect costs are taken into account.

complete cost

Stresses the thoroughness of the cost assessment.

consolidated cost

Suggests that costs from different sources have been combined.

aggregate cost

Refers to the sum total of individual costs.

global cost

Implies a worldwide or all-encompassing cost assessment.

combined cost

Indicates that multiple costs have been added together.

all-inclusive cost

Stresses that all possible costs are covered.

FAQs

How is "integrated cost" different from "total cost"?

"Total cost" generally refers to the sum of all expenses, while "integrated cost" often implies a more structured or systematic approach to calculating the comprehensive expenses, including indirect costs and interdependencies.

What are some alternatives to using "integrated cost" in a report?

Depending on the context, you can use alternatives like "total cost", "comprehensive cost", or "overall cost".

How can I ensure my calculation of "integrated cost" is accurate?

Ensure you account for all direct and indirect expenses, including labor, materials, overhead, and potential opportunity costs. Regular audits and cross-referencing with financial records can also improve accuracy.

In what contexts is it appropriate to use the term "integrated cost"?

It is appropriate in contexts where you want to emphasize a comprehensive and systematic evaluation of all cost components, such as in project management, financial analysis, or supply chain optimization.