Benefit-Cost Ratio
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See: System Benefit, System Cost, Ratio, Cost-Benefit Analysis, BCR, Benefit Cost Ratio.
References
2011
- (Wikipedia, 2011) ⇒ http://en.wikipedia.org/wiki/Benefit-cost_ratio
- QUOTE: A benefit-cost ratio (BCR) is an indicator, used in the formal discipline of cost-benefit analysis, that attempts to summarize the overall value for money of a project or proposal. A BCR is the ratio of the benefits of a project or proposal, expressed in monetary terms, relative to its costs, also expressed in monetary terms. All benefits and costs should be expressed in discounted present values.