unit cost

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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.
References in periodicals archive ?
Meanwhile, Delta's outlook calls for a 1% to 2% increase in nonfuel unit costs. Fuel prices are projected to average between $1.95 per gallon and $2.15 per gallon, down from $2.22 per gallon a year ago.
Unit costs excluding fuel and currency factors should be further reduced by 1 to 2 percent.
Unit costs are defined as total operating costs for the company divided by the number of passengers.
"The key differences for Ryanair is its capability to continue lowering its unit costs, while delivering 'lowest passenger costs' among its EU peers, at the time of traffic growth and when competitors are forecasting flat or rising costs.
Exhibiting with a range of injection moulding machinery at Interpack 2014 in Dusseldorf, Netstal said it aimed to present the "four core elements required to successfully reduce unit costs in the packaging sector."
Dartmouth-Hitchock has always been low at using expensive medical interventions, but, today, because total medical expense figures are not reported in the same way as unit costs, total medical expense figures are much harder to find on the Internet, Butterly said.
Via the Core SAS programme the airline managed to reduce unit costs by 23% since 2008.
If a cumulative earned value chart represents the health of a program, the vehicle unit cost report is the program's pulse.
This poses problems when empirical studies are carried out on a multicenter basis, as unit costs vary across centers (i.e., unit costs observed in one center may not be representative of the country or health care system in which the study is being conducted), and direct measurement of unit costs in multiple centers to improve representativeness is usually expensive in terms of time and resources.
Under each of these core services, the clerks will propose specific services (developed by the Corporation in consultation with the Supreme Court, CFO, and House and Senate appropriations committees) along with a proposed unit cost. The Legislature will accept, reject, or modify the proposed unit costs and appropriate the clerks' statewide total budget each year.
The contracts are effective through to December 31, 2010 and will enable the company to achieve further reductions in unit costs from the Topia operations.
Early chapters focus on the development of unit costs for eight social care processes involved in work with children looked after away from home, such as deciding a child needs to be looked after and finding the initial placement, care planning, maintaining the placement (this accounted for by far the biggest share of total costs), review, exit from care and legal processes.