opportunity cost

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opportunity cost

the amount of money that is alienated by choosing to use it for one project rather than another, i.e. the opportunity to make a profit by investing in another project is lost.
References in periodicals archive ?
Resource "Shifting"--The most insidious of the hidden costs caused by changing resource requirements from one department to another resulting in the appearance of cost reductions while, at the organizational level, the net effect on cost savings is less than what is being measured.
Given the impact of the new accountability driven by testing, the hidden costs of accountability often require that teachers and students eliminate the extras from the curriculum in order to guarantee success.
We needed to focus on all the hidden costs to eliminate all the non-value added activities, improve value-added activities and add new ones that will take out costs and give better service to the customer," said Jack Wahl, director of HomeLife logistics for the Sears logistics division.
Such problems create additional concerns for the VR agency because mandated purchasing may increase training costs, contribute to needless system complexities, and force the agency into long-term hidden costs for system updates and equipment service.
Improve bottom line results by recovering hidden costs and maximizing efficiency and effectiveness in the entire supply chain.
In 10 years TTC would have paid back the amount paid for the building (which has already been paid for by the townfolks) with rents rising annually; while the Remembering Thornaby Group found it impossible to meet the hidden costs wanted by the developer.
By adopting the NDS/TPG services, companies not only convert traditionally fixed costs into a variable cost model, but also save on labor costs and, because work is performed and quality is measured under strict service level agreements, the hidden costs of poor quality can be eliminated.
She said the state of California is trying to make investors aware of some of the risks that are amplified by the online format, including hidden costs, trading too much, technological limitations, and the fact that investing independently isn't for everyone.
In an ironic twist to what's been said above, the analysts riding herd over the rating agencies have brought a much-needed sense of caution to the acquisition process by emphasizing how numbers and paperwork can flush-out hidden costs and pitfalls affecting pricing.
But buyer beware: Once you log on to Eclipse, you're zapped with a $500 per month charge plus several other hidden costs.
Written in Java, the software automates the process of telecom invoice management in real time, analyzing every invoice against vendor contracts, hidden costs, active inventory and flagging every exception.
Mayor Richard Richard, chairman of the MTA board, was never notified of the hidden costs, said Jaime de la Vega, his transportation deputy.