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What (who) is material cost - definition
GERMAN ECONOMIST AND SOCIOLOGIST
Material index; Weber, Alfred; Least-Cost Theory
Material flow cost accounting
Material Flow Cost Accounting
Material flow cost accounting (MFCA) is a management tool that assists organizations in better understanding the potential environmental and financial consequences of their material and energy practices and seeks to improve them via changes in those practices. It does so by assessing the physical material flows in a company or a supply chain and assign adequate associated costs to these flows.
Cost, Texas
HUMAN SETTLEMENT IN TEXAS, UNITED STATES OF AMERICA
Cost, TX
Cost is an unincorporated community in Gonzales County, Texas, United States. According to the Handbook of Texas, the community had an estimated population 62 in 2000.
Cost reduction
PROCESS USED BY COMPANIES TO REDUCE THEIR COSTS AND INCREASE THEIR PROFITS
Cost-cutting; Cost cutting; Cost saving; Cost-saving
Cost reduction is the process used by companies to reduce their costs and increase their profits. Depending on a company’s services or products, the strategies can vary.
Wikipedia
Alfred Weber
Alfred Weber (German: [ˈveːbɐ]; 30 July 1868 – 2 May 1958) was a German economist, geographer, sociologist and theoretician of culture whose work was influential in the development of modern economic geography.
Examples of use of material cost
1. Electrolux faces further raw material cost inflation, Goldman Sachs noted.
2. We should all mourn bitterly for the terrible human and material cost to the entire nation.
3. The war not only exacted a heavy human and material cost.
4. It is possible now to calculate the material cost of Thatcherism.
5. Gaza was simply a bridge too far÷ settlements too far–flung and small to justify the huge psychological and material cost of defending them.