unit cost

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Unit Cost

The amount that a company spends to produce or purchase one unit of a good or service. For example, if a company buys 100 widgets for $100, the unit cost is $1.

unit cost

see AVERAGE COST.
References in periodicals archive ?
"The key differences for Ryanair is its capability to continue lowering its unit costs, while delivering 'lowest passenger costs' amongst its EU peers, at the time of traffic growth and when competitors are forecasting flat or rising costs.
The company said in its thirdquarter results that it expected pricing to "continue to be challenging" but it would "respond to these adverse market conditions with strong traffic growth and lower unit costs."
"A sound machine design developed for continuous high performance and exceptional injection performance coupled with a high-precision controller and energy-efficient drive concept form the basis for positively influencing unit costs," explained Markus Dal Pian, Vice President Sales at Netstal.
The unit cost will be higher, and the total cost of care for the patient catheterized could be either higher or lower, but the total cost of care for the patient population will be lower because of the low use of the procedure for that group of patients, Butterly said.
The vehicle cost report and its sister, the vehicle exit unit cost report, enforce a structural, performance, cost, and financial discipline that have proved to be invaluable during the reliability, availability, maintainability/rebuild to standards, and the current inspect and repair only as necessary process.
They also explored the factors that contributed to variation in unit costs, which included factors related to the local authority, to the placement and to the child.
Its forecast for the current three-month period includes a 4% rise in Alaska Airlines capacity to 5.8 billion ASMs and unit costs of 7.9-8 cents, which would represent a 0-1% drop from the year-ago period.
I challenge Councillor Dixon to supply evidence for his assertion that unit costs in England are 50 per cent cheaper.
"Legacy airlines know their unit costs but guess at unit revenues" says Ronald Peri, CEO and Chairman of Radixx International, which provides ticket-pricing software for airlines.
The new MIU-Z unit costs less than $850 and monitors production and downtime at one machine and also allows manual entry of downtime reasons, scrap counts, and scrap reasons.
UPM, Helsinki, Finland has plans to enhance its competitive position in uncoated magazine papers (SC papers) by launching a program to reduce the unit costs in magazine paper production and improve the company's profitability.