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unit cost

   Also found in: Dictionary/thesaurus, Acronyms, Wikipedia, Hutchinson 0.03 sec.
unit cost
the actual cost of producing one article

unit cost [′yü·nət ′kȯst]
(industrial engineering)
Cost allocated to a specified unit of a product; computed as the cost over a period of time divided by the number of units produced.


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Despite the A320 introduction costs and high fuel prices over the past two years, he said the airline's unit cost is just 2.
Subsequent quarterly exception reports are required only for those programs experiencing unit cost increases of at least 15 percent or schedule delays of at least six months.
A simple calculation based on a fixed amount per employee can determine the unit cost for materials.
 
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