Quotes About Costs

We will discover that reducing batch size is usually the single most cost-effective way to reduce queues.

A saloon car has to be fast and comfortable and refined, and all of this stuff costs millions of pounds to develop. An SUV just needs to be big and full of buttons. That costs 8p.

There are things that can be measured. There are things that are worth measuring. But what can be measured is not always what is worth measuring; what gets measured may have no relationship to what we really want to know. The costs of measuring may be greater than the benefits. The things that get measured may draw effort away from the things we really care about. And measurement may provide us with distorted knowledge—knowledge that seems solid but is actually deceptive.

Diminishing utility. Sometimes, newly introduced performance metrics will have immediate benefits in discovering poorly performing outliers.5 Having gleaned the low-hanging fruit, there is tendency to expect a continuingly bountiful harvest. The problem is that the metrics continue to get collected from everyone. And soon the marginal costs of assembling and analyzing the metrics exceed the marginal benefits.

But what can be measured is not always what is worth measuring; what gets measured may have no relationship to what we really want to know. The costs of measuring may be greater than the benefits.

Roosevelt understood that the political costs of any public condemnation of Nazi persecution or any obvious effort to ease the entry of Jews into America were likely to be immense, because American political discourse had framed the Jewish problem as an immigration problem.

But Roosevelt understood that the political costs of any public condemnation of Nazi persecution or any obvious effort to ease the entry of Jews into America were likely to be immense, because American political discourse had framed the Jewish problem as an immigration problem.

Gompers was calling for fundamental change in the relationship between workers and their overseers. This was dangerous talk, to be suppressed at all costs.

Man had to invent and create out of himself the limitations of perception and the equanimity to live on this planet. And so to the core of psychodynamics, the formation of the human character, is a study in human self-limitation and in the terrifying costs of that limitation.

Insufficiently trained employees, in spite of their best intentions, produce inefficiencies, excess costs, unhappy customers, and sometimes even dangerous situations. The importance of training rapidly becomes obvious to the manager who runs into these problems.

The rising cost of medical care has also been important; most employees receive health insurance as part of their overall compensation, and most research shows that increases in premiums ultimately come out of wages.16 Indeed, average wages have tended to do badly when health-care costs are rising most rapidly and to do better when health-care costs are rising more slowly.

Germany has great skill levels, great infrastructure, high-quality plant. If you go to the U.K., we're very creative, and we've got the language, but energy costs are pretty much the most expensive in the Western world; pensions are pretty expensive, and the skills are significantly below those in Germany and the U.S.

The reality is gas prices should be much more expensive then they are because we're not incorporating the true damage to the environment and the hidden costs of mining oil and transporting it to the U.S. Whenever you have an unpriced externality, you have a bit of a market failure, to the degree that eternality remains unpriced.

Filming costs so much money, so it's such a nerve-racking process, whereas being in a studio is quite cheap compared to that, so you have more time to work on things until you feel good about them. That makes it easier to explain a certain feeling and be in a vulnerable place while making sure it does what you want it to do.

Whereas Jimmy Carter had aggressively pursued anti-merger activity - the imbecilic case against AT&T was prosecuted under President Carter - Mr. Reagan understood the virtue of allowing companies to exploit the synergies of mergers to gain efficiency and lower costs.

So overall in the entire economy, the issue is not that health care costs are growing dramatically. The issue is that the burden placed on families is. So just between 2010 and 2016, the cost burden of family private insurance premiums jumped 28%, whereas incomes rose less than 20%.

In the world of traditional economics, it shouldn't matter whether you use an opt-in or opt-out system. So long as the costs of registering as a donor or a nondonor are low, the results should be similar. But many findings of behavioral economics show that tiny disparities in such rules can make a big difference.

While I recognize the great value and importance of prescription drugs and strongly support a continued U.S. focus on pharmaceutical research and development, our nation's seniors cannot be asked to subsidize the drug costs of other wealthy industrialized nations any longer.

If we are going to get a grip on escalating costs, we have to focus more on prevention rather than acute care. Technology can help us do that.

We've been paying for 100 percent of preventive care. But if you're not getting annual physicals, then you're not going to gain a financial incentive, so effectively your insurance premium with us will go up.

So while I will never minimize the costs involved in military action, I am convinced that a failure to act in Libya would have carried a far greater price for America.

There are no issues more personal than prescription drugs and the high prices Americans must pay to get the medicine they need.

Fuel prices are really a pressure point, and they have had an impact on food and other things as well.

Higher energy prices are requiring industry and commerce to examine the costs and efficiency of energy use.