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incremental cost
(redirected from differential cost)

   Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson 0.03 sec.
incremental cost [‚iŋ·krə¦ment·əl ′kȯst]
(industrial engineering)
The difference between the costs and the revenues between two alternative procedures.
The cost of the last unit produced at a given level of production.


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I look forward to Tom's leadership as we execute our strategy of strengthening our balance sheet and growth through differential cost improvements and new business development enhanced by prudent acquisitions.
Differential impact analysis, as automated by the Differential Cost Evaluation (DCE) module of PROSCREEN II, involves performing simulations with and without selected customers in place.
 
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