The role of cleaner production costs to reducing failure costs

Reducing The Costs Of Litigation

What are the costs of litigation? David M. Trubek the author of The Costs of Ordinary Litigation breaks down litigation into "events" to answer this question. Through a study that randomly sampled civil cases from federal district and state courts, data has been complied and broken down into categories or stated differently into "events of litigation." [1] The study's data focuses on an attorne...

Machinery Optimal Layout Design of a Production System with the Aim of Reducing Transportation Costs Using Imperialist Competitive Algorithm

In this study, solutions for machinery layout with the aim of reducing transportation costs will be discussed. To do this, imperialist competitive algorithm (ICA), which is a very complicated and effective meta-heuristic algorithm is introduced. In the offered algorithm, different kinds of machinery layout are considered in single-row as country and then the best possible layout is developed ba...

Role of the pharmacist in reducing healthcare costs: current insights

Global healthcare expenditure is escalating at an unsustainable rate. Money spent on medicines and managing medication-related problems continues to grow. The high prevalence of medication errors and inappropriate prescribing is a major issue within healthcare systems, and can often contribute to adverse drug events, many of which are preventable. As a result, there is a huge opportunity for ph...

Reducing Misclassification Costs

We explore algorithms for learning classification procedures that attempt to minimize the cost of misclassifying examples. First, we consider inductive learning of classification rules. The Reduced Cost Ordering algorithm, a new method for creating a decision list (i.e., an ordered set of rules) is described and compared to a variety of inductive learning approaches. Next, we describe approache...

Reducing Labor Costs: Choosing