annual cost comparison

annual cost comparison

[′an·yə·wəl ′kȯst kəm‚par·ə·sən]
(industrial engineering)
A method of selecting from among several alternative projects or courses of action on the basis of their annual costs, including depreciation.
References in periodicals archive ?
A state-by-state annual cost comparison conducted by Genworth Financial in 2008 looked at care costs in five different categories: nursing homes, assisted-living facilities, adult day care, home health aides, and homemaker services.
AmEx's annual cost comparison showed that the city offers by far the best value, emerging as 25 per cent cheaper than second-placed London and 38 per cent cheaper than Milan, the most expensive of the four cities studied.
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