Shut-Down Price

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Shut-Down Price

The price of a product below which it is cheaper for a company not to make the product than to continue to sell it. That is, the shut-down price is the price at which the company will begin to lose money for making the product.
References in periodicals archive ?
These additional costs may include the cost of fuel; variable operating and maintenance costs; and start-up and shut-down costs.
The Eaglescliffe plant shut-down costs included more than pounds 16m on site remediation, pounds 5m for staff costs and pounds 4.5m on reversing contracts that were taken out in 2008.
SBT is implemented in 20 sites in India and some of the benefits include no start-up or shut-down costs, silent operation and the chemical free process.
The shut-down costs the country about $2.5 million a day in lost revenue.
The dispatch cost contains the fuel cost, start-up and shut-down cost, and spinning reserve cost of generators.
In addition, the start-up cost and shut-down cost of generator i in the objective function (1) can be linearized to [c.sub.su,i][s.sub.it] and [c.sub.sd,i] [d.sub.it], respectively
Table 3 compares different costs (fuel cost, startup and shut-down cost, spinning reserve cost, penalty cost of wind power spillage, and total cost) between the proposed model and the conventional robust UC model.