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cost and time-efficient solution vs cost and time-effective solution

Both phrases are correct and commonly used in English. They convey a similar meaning, emphasizing the importance of saving both cost and time. The choice between 'efficient' and 'effective' depends on the specific context and the nuance the speaker wants to convey.

Last updated: March 30, 2024 • 4992 views

cost and time-efficient solution

This phrase is correct and commonly used in English to describe a solution that saves both cost and time effectively.

This phrase is used to emphasize that a solution is able to achieve the desired outcome with minimal cost and time investment.

Examples:

  • The new software provides a cost and time-efficient solution for project management.
  • We need to find a cost and time-efficient solution to streamline our production process.
  • That form of isomalt is cost-saving and time-efficient for the industry and is consequently of interest, for example, to confectionery manufacturers.
  • An integrated network will reduce procurement and maintenance costs and systemic inefficiencies.
  • Costs and comparisons thereof are important information.
  • - alleviation of administrative costs and constraints for fishermen.
  • - revised forecasts for fuel costs and economic growth.
  • Adapting to these standards increases costs and weakens their competitive position.
  • This would complicate decommissioning works, adding costs and potentially safety concerns.
  • Intra-mural expenditures are valued at production cost and include all operating costs including the labour cost and capital expenditure.
  • The evolution in labour costs and productivity had a positive impact in keeping firm control over the production cost and helped the improvement of profit results.
  • The updating must consider the benefits of costs and should be done on the principle that additional costs and burden remain within a reasonable limit.
  • The September plan quantifies the costs and effects of employment restructuring but does not explain or justify the basis on which these costs and effects were estimated.
  • All relevant expected costs and benefits must be considered over the lifetime of the project, including the costs and revenues stemming from the results of R&D&I activities.
  • Member States should systematically assess costs and benefits of legislative initiatives and revisions.
  • The allocation must safeguard the opportunity to increase efficient production without extra costs and the international competitiveness.
  • That all adds costs and it means railways cannot compete.
  • They pay for hospital costs and taking care of the mother.
  • HAMESTA was overstaffed in its operational and administrative departments, resulting in high costs and inefficient management.
  • In order to determine the costs and revenues of the public service obligations that qualify for compensation payments, RTP applies an analytical accounting system.
  • Costs and revenues must be correctly allocated on the basis of clearly established, objective cost accounting principles.
  • 3,5 %- situation regarding costs and revenues, which strongly impacts the evolution of overall profitability.

Alternatives:

  • cost-effective and time-efficient solution
  • time and cost-efficient solution
  • efficient solution in terms of cost and time
  • solution that is efficient in both cost and time
  • solution that saves both cost and time effectively

cost and time-effective solution

This phrase is correct and commonly used in English to describe a solution that is effective in terms of both cost and time.

This phrase is used to highlight the effectiveness of a solution in achieving the desired outcome within the constraints of cost and time.

Examples:

  • The company implemented a cost and time-effective solution to improve customer service.
  • We are looking for a cost and time-effective solution to reduce production delays.
  • An integrated network will reduce procurement and maintenance costs and systemic inefficiencies.
  • Costs and comparisons thereof are important information.
  • - alleviation of administrative costs and constraints for fishermen.
  • - revised forecasts for fuel costs and economic growth.
  • Adapting to these standards increases costs and weakens their competitive position.
  • This would complicate decommissioning works, adding costs and potentially safety concerns.
  • Intra-mural expenditures are valued at production cost and include all operating costs including the labour cost and capital expenditure.
  • The evolution in labour costs and productivity had a positive impact in keeping firm control over the production cost and helped the improvement of profit results.
  • The updating must consider the benefits of costs and should be done on the principle that additional costs and burden remain within a reasonable limit.
  • The September plan quantifies the costs and effects of employment restructuring but does not explain or justify the basis on which these costs and effects were estimated.
  • All relevant expected costs and benefits must be considered over the lifetime of the project, including the costs and revenues stemming from the results of R&D&I activities.
  • Member States should systematically assess costs and benefits of legislative initiatives and revisions.
  • The allocation must safeguard the opportunity to increase efficient production without extra costs and the international competitiveness.
  • That all adds costs and it means railways cannot compete.
  • They pay for hospital costs and taking care of the mother.
  • HAMESTA was overstaffed in its operational and administrative departments, resulting in high costs and inefficient management.
  • In order to determine the costs and revenues of the public service obligations that qualify for compensation payments, RTP applies an analytical accounting system.
  • Costs and revenues must be correctly allocated on the basis of clearly established, objective cost accounting principles.
  • 3,5 %- situation regarding costs and revenues, which strongly impacts the evolution of overall profitability.
  • Revision of data requirements to forego redundant testing could markedly reduce costs and animal use.

Alternatives:

  • cost-effective and time-effective solution
  • time and cost-effective solution
  • effective solution in terms of cost and time
  • solution that is effective in both cost and time
  • solution that is effective in saving both cost and time

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