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They provide quantifiable values that can be used to judge the cost or efficiency of a route.
Recent graduates are now looking at the Return On Education as a measure of quality and to judge the cost of the investment.
A familiar calculation to those in the energy industry, the levelized cost of electricity (LCOE), was used as a reliable metric by which to judge the cost competiveness of technologies.
Much more of the resource implication debate articulated by senior staff in the organisation centred on the degree to which nurse consultants would substitute for doctors and how to judge the cost consequences.
Although earlier studies have indicated these devices are cost saving, the findings of this evaluation represent a deeper analysis of the decision than previously available that will help decision makers in any setting considering adopting A-CVCs judge the cost effectiveness of these devices.
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"If I had to judge the cost-effectiveness of the use of technology in schools by those uses," he said, "I'd be very disappointed".
The Obama administration appears to favour the expenditure of healthcare resources in a way similar to the UK's National Institute for Health and Clinical Excellence model, which uses supposed experts to judge the cost-effectiveness of therapies, in order to determine which will be reimbursed by the government.
How to judge the costs and benefits of Europe's policy?
Insurers say they were not able to judge the costs of care until the payouts began in earnest.
The retail prices index (RPI) is a flawed measure of rising prices that fails to judge the costs of goods and services in the economy, said Paul Johnson, head of the Institute for Fiscal Studies, in a report for the UK Statistics Authority.
Policymakers are likely to reallocate health care resources in a way that emulates the U.K.'s National Institute for Health and Clinical Excellence model, which uses supposed experts to judge the cost-effectiveness of therapies to determine which will be reimbursed by the government.
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