optimum cost

USAGE SUMMARY

The phrase "optimum cost" is correct and can be used in written English.
It is a formal way of saying, "the cost that is most favorable or desirable." For example, "The company was able to identify solutions to the problem with an optimum cost."

✓ Grammatically correct

Science

Encyclopedias

News & Media

Human-verified examples from authoritative sources

Exact Expressions

22 human-written examples

Industrial engineering, application of engineering principles and techniques of scientific management to the maintenance of a high level of productivity at optimum cost in industrial enterprises.

Encyclopedia Britannica

Messina wanted Gershkoff to build a master program that would allow him, as the campaign manager, to decide how to spend the campaign's advertising budget across all mediums — not just television, but the Internet, radio, print ads and the mail — at optimum cost using real-time polling data to measure how the ads were moving or not moving opinion.

The New York Times - Magazine

While fuzziness increases, the optimum cost as well as optimum path varies gradually.

Vietnam Journal of Computer Science

This, in turn, would minimise fouling and result in optimum cost efficiency.

Separation and Purification Technology

The routing cost comparison results shows that FM has a routing cost 5%% more than the optimum cost, and GADM may have a routing cost 28%% more than the optimum cost.

EURASIP Journal on Wireless Communications and Networking

In order to achieve the optimum cost effective solution, its limitations are defined by simulating its performance over a year.

Energy Conversion and Management

Human-verified similar examples from authoritative sources

Similar Expressions

38 human-written examples

The main objective of creating the PHM system is to maximize ROI by combining different maintenance strategies (e.g., scheduled maintenance, condition-based maintenance, and predictive maintenance) to achieve optimum cost-effectiveness versus performance decisions [26].

Complex & Intelligent Systems

In [15], the PSO-SIL algorithm was used to obtain an economical power flow with the optimum costs.

International Journal of Energy and Environmental Engineering

A comparison of the computed optimum costs of the stiffened and un-stiffened assemblies, shows that significant cost savings can be achieved by orthogonal stiffening, since the latter allows for considerable reduction of the shell thickness, which results in large material and manufacturing cost savings.

Computers & Structures

The automatic adjustment of decisions variables terminates (ideally) at the global optimum (least cost).

Environmental Systems Research

In order to have optimum monitoring cost as well as optimum data aggregation at the control center or a PDC optimum PMU placement is resorted.

Journal of Modern Power Systems and Clean Energy

Expert writing Tips

Best practice

When aiming for precision in technical or business contexts, use "optimum cost" to signify the most advantageous cost, especially when balanced against other factors like quality or performance.

Common error

Avoid using "optimum cost" in casual or informal writing where simpler terms like "best price" or "lowest cost" might be more appropriate and natural.

Linguistic Context

The phrase "optimum cost" functions as a noun phrase, where the adjective "optimum" modifies the noun "cost". It describes the most favorable or desirable cost, often in relation to other factors such as performance or quality. Ludwig AI affirms its validity.

Expression frequency: Common

Frequent in

Science

73%

Encyclopedias

8%

News & Media

6%

Less common in

Formal & Business

5%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "optimum cost" is a grammatically correct and commonly used phrase signifying the most favorable cost, often balanced with other factors. As Ludwig AI confirms, it is suitable for use in written English, especially in formal and technical contexts. While interchangeable with "optimal cost", "optimum" suggests a balanced compromise. While "optimum cost" is prevalent in science and encyclopedias, alternatives like "ideal cost" or "most favorable cost" may be preferable in less formal settings.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

ideal cost

Replaces "optimum" with "ideal", suggesting a perfect or most suitable cost.

optimal expense

Substitutes "cost" with "expense", a synonym, while retaining "optimal".

best possible price

Rephrases the concept using "best possible price", emphasizing the advantageous aspect of the cost.

most favorable cost

Uses "most favorable" to convey the advantageous nature of the cost.

lowest viable cost

Highlights the cost being both low and sustainable or workable.

minimal acceptable cost

Focuses on the cost being the lowest that is still permissible or satisfactory.

cost-effective solution

Emphasizes the value received for the cost incurred, implying a wise use of resources.

economically sound cost

Highlights the financial prudence and stability of the cost.

budget-friendly cost

Indicates that the cost is manageable and fits well within a budget.

least expensive option

Focuses directly on the cost being the lowest among available choices.

FAQs

How to use "optimum cost" in a sentence?

You can use "optimum cost" to describe a balance between price and quality, as in: "The goal is to find a solution that provides the best performance at an "optimum cost"".

What can I say instead of "optimum cost"?

You can use alternatives like "ideal cost", "optimal expense", or "most favorable cost" depending on the context.

Which is correct, "optimum cost" or "optimal cost"?

Both "optimum cost" and "optimal cost" are correct and can be used interchangeably, although "optimum" tends to emphasize a balance or compromise while "optimal" suggests the absolute best.

What's the difference between "optimum cost" and "cost-effective solution"?

"Optimum cost" refers specifically to the most favorable price point, whereas "cost-effective solution" implies a broader evaluation of value relative to expenditure, not just the lowest price.