BNET Business Dictionary

Business Definition for: Cost Driver

  • a factor that determines the cost of an activity. Cost drivers are analyzed as part of activity based costing and can be used in continuous improvement programs. They are usually assessed together as multiple drivers rather than singly. There are two main types of cost driver: the first is a resource driver, which refers to the contribution of the quantity of resources used to the cost of an activity; the second is an activity driver, which refers to the costs incurred by the activities required to complete a particular task or project.

Additional Resources

ANADIGICS' CDMA Driver Amplifier IC Reduces Space Requirements
WARREN, NJ--BUSINESS WIRE--April 21, 1997--ANADIGICS, Inc. of Warren, NJ has introduced a low cost driver amplifier GaAs MMIC for use with PCS 1900 MHz CDMA applications. This GaAs IC serves as a core active device building block for 1850 to 1910 MHz CDMA cellular phone transmitter functions. This...
Tags: CDMA, GAAS, integrated circuit
Research articles 1997-05-01
Implementing Activity-Based Cost Accounting, Customer Profitability, and Product-Line Analysis In a Distribution Business
This article talks about Transactions Analysis, Cost Driver Analysis, Activity-Based Cost Accounting, Customer Profitability Analysis, Product-Line Profitability Analysis, and Business Process Analysis, which are all "tools" for strategic profitability and cost management. This article mainly emphasizes on the prior work on strategic profitability and cost management, and also how the...
Tags: Business Process, Accounting, Cost Management, Profitability, Value Associates, Operational Planning, Managerial Accounting, Business Operations, Finance
White papers 2003-01-01
Low cost ceramic packages for mm-wave GaAs ICs. (gallium arsenide) (Product Feature)
Introduction The SEC series reconfigurable low cost mm-wave ceramic package line is currently available in seven unique designs. This new series of packages has low loss from DC to 35.5 GHz and is specifically designed to be semi-customized around one or more GaAs ICs or to...
Tags: bond, chip, GAAS, NETWORKING, SEC
Research articles 1994-08-01
StarSQL for OS/2 Now Shipping; Fast, direct, low-cost driver for DB2 data access available from StarWare and IBM
BERKELEY, Calif.--BUSINESS WIRE--April 15, 1996--StarWare Connectivity Software today announced the shipment of its flagship StarSQL data access driver for OS/2 platforms.
Tags: data access, IBM Corp., IBM DB2
Research articles 1996-04-15
Hospital Mergers Are A Major Health Cost Driver
Hospital mergers have been a major driver of runaway health spending over the past decade. But while the FTC and the Department of Justice are reconsidering their antitrust guidelines, it's unlikely they will be able to restrain further consolidation of hospitals. by Ken Terry
Tags: Hospital, Merger, Antitrust, Health Care, Mergers & Acquisitions, Healthcare, Corporate Law, Vertical Industries, Benefits, Investment, Finance, Business Operations, Human Resources, Ken Terry
Blog posts 2009-11-10
Activity-Based Pricing in a Monopoly
This paper studies the interaction between cost accounting systems and pricing decisions in a setting where a monopolist sells a base product and related support services to customers whose preference for support services is known only to them. The paper considers two pricing mechanisms–Activity-Based Pricing ABP and traditional pricing, and...
Tags: Support Services, Harvard Knowledgebase, Activity Based Costing, Pricing Strategy, Pricing, Managerial Accounting, Marketing Research, It Services, Marketing, Finance
White papers 2002-02-02
Three Cost Cutting Traps (And How to Avoid Them)
It is inevitable that the ongoing economic problems will lead to major cost reductions for many businesses. Management's challenge is to deliver cost savings that help both short-term profit performance and longer-term value growth. In my experience companies can fall...
Tags: Cost, Trap, Cost Reduction, Profit, Value Driver, Food & Beverage, Marketing Research, Manufacturing, Marketing, Stuart Cross
Blog posts 2008-09-29
Data acquisition driver for Linux systems.(Test & Measurement)
National Instruments has announced its NI-DAQmx Base, an open Linux driver and programming interface for NI E Series multifunction data acquisition devices, NI DIO-96 digital I/O devices and low-cost NI USB DAQ devices. This driver software offers Li National Instruments has announced its NI-DAQmx Base, an...
Tags: data acquisition, Linux, National Instruments Corp., programming
Research articles 2005-01-01
As easy as ABC: using activity based costing in service industries
The current accounting literature is filled with activity based costing |ABC~ articles about cost drivers in manufacturing settings but very few examples of cost driver applications in service firms or industries exist. A number of the applications of cost drivers in manufacturing plants, however, involve service functions rather than a...
Tags: ABC Inc., accounting, Activity Based Costing, manufacturing
Research articles 1993-02-01
Sonos ZonePlayer S5 all-in-one wireless speaker lowers cost of entry (video!)
For many, the perceived high cost of getting into a Sonos wireless home audio system has been a significant barrier. While you crave whole-home, distributed audio that just works without pops, hisses, or clicks, you simply can't justify dropping $350 on a ZonePlayer ZP90 ...
Tags: Apple iPhone, song, Wireless, Music, Audio
News items 2009-10-13
Driver amplifiers: Filtronic Columbia, MD www.filtronic.com. (New Products).(advertisement)
Filtronic's MA series of driver amplifiers have been designed using GaAs MMIC amplifiers and are manufactured using a volume automated assembly process. This ensures high reliability and consistent performance at an affordable cost. They are hermetic Filtronic's MA series of driver amplifiers have been designed ...
Tags: advertisement, amplifier
Research articles 2002-04-01
BACK-SEAT DRIVER.
BACK-SEAT DRIVER: The Corps' word is not what it used to be. In what may be a first, the Environmental Protection Agency EPA has engaged an economist to review the Philadelphia District's cost-benefit analysis for the proposed deepening of the Ches BACK-SEAT DRIVER: The Corps' word...
Tags: U.S. Environmental Protection Agency
Research articles 2000-08-23
Hitachi releases 384-output and 256-grayscale TFT driver incorporating low EMI RSDSTM-compliant interfaces for wide view TFT LCD panels; The Lessening of EMI results in reduction of EMI noise handling parts, enabling to lower cost of LCD panels.
M2 PRESSWIRE-21 February 2002-HITACHI: Hitachi releases 384-output and 256-grayscale TFT driver incorporating low EMI RSDSTM-compliant interfaces for wide view TFT LCD panels; The Lessening of EMI results in reduction of EMI noise handling parts, enabling to lower cost of LCD panels C1994-2002 M2 COMMUNICATIONS...
Tags: EMI Group Plc., Hitachi Ltd.
Research articles 2002-02-21
Hitachi releases 384-output, 64-grayscale TFT LCD driver; Incorporating low-EMI RSDSTM-compliant interface; Suitable for XGA and SXGA applications, enabling lower LCD panel cost through use of fewer EMI noise suppression parts; "HD66336" 64-gray
M2 PRESSWIRE-25 October 2001-HITACHI: Hitachi releases 384-output, 64-grayscale TFT LCD driver; Incorporating low-EMI RSDSTM-compliant interface; Suitable for XGA and SXGA applications, enabling lower LCD panel cost through use of fewer EMI noise suppression parts; "HD66336" 64-grayscale TFT LCD driver incorporating RSDS-compliant interface C1994-2001...
Tags: EMI Group Plc., Hitachi Ltd.
Research articles 2001-10-25
Hitachi releases 16 V LCD drive voltage, 480-output, 256-grayscale TFT driver for SXGA and UXGA size high-definition, wide-viewing-angle TFT LCD panels; LCD panel data line drive achieved with eight (SXGA) or ten (UXGA) chips, for lower system cost -- HD6
M2 PRESSWIRE-7 June 2001-HITACHI: Hitachi releases 16 V LCD drive voltage, 480-output, 256-grayscale TFT driver for SXGA and UXGA size high-definition, wide-viewing-angle TFT LCD panels; LCD panel data line drive achieved with eight SXGA or ten UXGA chips, for lower system cost...
Tags: Hitachi Ltd.
Research articles 2001-06-07
NEC opens LCD driver IC to meet expanding market demand; Plant completed in only 6.5 months, at 50% of cost.
M2 PRESSWIRE-9 February 2001-NEC: NEC opens LCD driver IC to meet expanding market demand; Plant completed in only 6.5 months, at 50 of cost C1994-2001 M2 COMMUNICATIONS LTD RDATE:09022001 NEC Corporation NEC and its manufacturing subsidiary NEC Kansai Ltd....
Tags: NEC Corp.
Research articles 2001-02-09
Freescale Delivers Comprehensive, Cost-Effective Analog Pre-Driver for Automotive Motor Control
Field Effect Transistor with Industry's Widest Voltage Range is Designed to Support Broad Automotive Application Spectrum AUSTIN, Texas -- Freescale Semiconductor, the leading supplier of semiconductors to the automotive industry, has introduced a versatile field effect transistor FET pre-driver designed for three-phase motor control in a wide range of...
Tags: Freescale Semiconductor Inc.
Research articles 2007-11-19
Oki Semiconductor Announces Low Cost, Lowest Voltage Audio Linear CODEC
SUNNYVALE, Calif.--BUSINESS WIRE--May 4, 1998-- New Chip Integrates 32-ohm Dynamic Speaker Driver Eliminating Discrete Op Amp and Reducing Overall System Cost Oki Semiconductor, a leading manufacturer of advanced integrated circuit solutions for the communications market, today announced the...
Tags: Oki Semiconductor
Research articles 1998-05-04
Making Existing Customers More Profitable
Increasing customer profitability can be tricky. Many companies offer customers discounts or free services to win or retain business. But if they find that the cost of providing those services or discounts exceeds customer profitability, the company has to make a difficult decision between cutting costs or losing customers. Using...
Tags: Software, Customer, Service, Sales Strategy, Marketing Research, Pricing, Sales Force Management, Cost, Profitability, Retention, Sales, Marketing, BNET Editorial
Articles 2007-11-26
Driver's Mart plans 20 stores by mid-'98. (Driver's Mart Worldwide Inc.)
Driver's Mart Worldwide, which has just opened its second store in Birmingham, AL, plans to open another 20 stores at a cost of $150 million. To catch up with with its competitors AutoNation USA and CarMax, Driver's Mart is committing another $150 million for the development of 20 more stores....
Tags: CarMax Inc.
Research articles 1997-07-28