Cost efficiency

With cost efficiency is in the cost accounting (KLR) the efficiency and profitability of a company value creation process by recognizing performance and cost understood. Cost efficiency is generally defined as the output quantities of the goods produced ( performance ) in relation to the value of the production factors used for them (costs). The concept of cost efficiency falls into the area of ​​quantity / value relationships, together with performance efficiency.

${\displaystyle W={E \over K}}$

With

${\displaystyle W}$: Cost efficiency

${\displaystyle E}$: Application rates

${\displaystyle K}$: Cost of producing the goods

See also

• economics
• Accounting
• Cost recovery

literature

• Wolf Plinke and Mario Rese: Industrial cost accounting . 6th edition, Springer, Berlin 2002, ISBN 3540428305
• Michael Essig: "Success Factors Management", lecture within the framework of the ABWL at the UniBw Munich, 2011