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Most leaders think of costs saved as "hard dollars".
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Section 5 discusses how an organization might need to think of cost factor and discount rate as design parameters in the context of their data science process.
We need to make sure that these executives weigh another factor when they think of cost, namely the cost of going to jail.
As people get richer and richer, it gets harder and harder to think of cost-effective ways of spending the marginal dollar on amusing yourself.
We must also think of cost and throughput.
Don't think of cutting costs as a forced financial diet, think of it as opportunities you are funding in advance.
Just think of the costs in fuel to ship it--and the emissions produced.
"Just think of the costs of the reducing the rates of infection of HIV and hepatitis alone.
While it is customary to think of switching costs in a dynamic setting, the main model is static and focuses on a mature market.
But then you think of the cost of starting your own business - the cost of office space, IT infrastructure, staff, and realise you just can't afford it.
The absurdity of this jumps out at you when you think of the cost of adequately funding an operation like CeaseFire versus the financial cost to society of the endless violence.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com