Benefit Cost Ratio

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Benefit Cost Ratio

A ratio representing the benefits of a project or investment compared to its cost. The BCR may be a strictly financial ratio, comparing the expected return to the cost of investment, or it may account for approximations of qualitative measurements.
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Not surprisingly, including this benefit increases the estimated benefit/cost ratio dramatically, from 3.
Lord Adonis understood rates of return and benefit/cost ratios.
Whatever the true benefit/cost ratio, and regardless of what RAPA decides, it is important to note that a recent AGA survey found that 50 percent of respondent companies were already installing EFVs voluntarily on new gas lines.
Benefit/cost ratios that are greater than one indicate that a program is worthy of consideration regardless of the absolute level of program costs.
After yearly benefits and costs had been aggregated from each perspective, net benefits and benefit/cost ratios were calculated.
Compare this with the financial only evaluation of the electrification of the GWML in a study initially commissioned by the train companies which gave a benefit/cost ratio of 2.
In healthcare economics we are used to the concept of the cost of QALYs (quality adjusted life years), by which the benefit of intervention, and then the benefit/cost ratio, can be assessed.
11 with DSS alternatives 1 and 3 being the only alternatives within their class to produce a benefit/cost ratio greater than 1 for minimum levels of efficiency and effectiveness benefits.
The study, titled "SF-36 Physical Component Scale (PCS) benefit/cost ratio of lumbar fusion: comparison to other surgical interventions," looked at data involving more than 1,800 patients from 11 multi-center studies.