Explore: Cost Efficiency

Cost efficiency (or cost optimality), in the context of parallel computer algorithms, refers to a measure of how effectively parallel computing can be

a better job," i.e., attaining our goals at lower cost. It is the opposite of economic efficiency. In the latter case, there is no way to do a better

The Department of Government Efficiency (DOGE) is an initiative by the second Trump administration. Its stated objective is to modernize information technology

These cells offer less efficiency than their monosilicon ("mono") counterparts, but are grown in large vats that reduce cost. By the mid-2000s, poly

limit. If the conversion efficiency turns out to be much lower, it is expected to have an adverse impact on projections made for cost of energy. Projections

2025). "Implementing the President's "Department of Government Efficiency" Cost Efficiency Initiative". whitehouse.gov. Retrieved February 26, 2025 – via

operation. When improving operational efficiency, the output to input ratio improves. Inputs would typically be money (cost), people (measured either as headcount

addition to the context of efficiency in allocation, the concept of Pareto efficiency also arises in the context of efficiency in production vs. x-inefficiency:

business practices and processes based on cost efficiency and capability. Cost accounting provides the detailed cost information that management needs to control

organizations significant advantages, including increased flexibility, cost efficiency, and a sharper focus on core competencies. By transforming fixed costs