Energy
Cost per watt is a common cost efficiency metric for energy production, particularly solar panels. It includes all costs required to buy, install and connect a solar system.Marketing
Customer acquisition cost is a common cost efficiency metric for sales and marketing. It includes all costs of acquiring a customer in order to compare different marketing strategies.Transport
Cost per passenger kilometer can be used to compare transportation alternatives. This doesn't always include secondary costs such as the time consumed by a slow mode of transport or the environmental cost of pollution.Manufacturing
Cost per unit is the cost to produce one unit of a product to specifications. It is an important management accounting metric that is used to plan production and model profitability.| Overview: Cost Efficiency | ||
Type | ||
Definition | Cost per output. | |
Notes | Cost efficiency is used to denote calculations of cost per output. The term cost effectiveness is used for analysis that considers different strategies and outcomes and the value for cost of each. | |
Related Concepts | ||
