first cost
简明释义
首要成本
英英释义
The initial purchase price or upfront cost associated with acquiring an asset or making an investment, excluding any ongoing operational costs. | 与获取资产或进行投资相关的初始购买价格或前期成本,不包括任何持续的运营成本。 |
例句
1.When evaluating options, it's important to consider the first cost 初始成本 alongside long-term savings.
在评估选项时,考虑初始成本 first cost 与长期节省是很重要的。
2.The first cost 初始成本 of solar panels can be offset by tax credits and rebates.
太阳能电池板的初始成本 first cost可以通过税收抵免和补贴来抵消。
3.During the budgeting process, we need to analyze the first cost 初始成本 of each component.
在预算过程中,我们需要分析每个组件的初始成本 first cost。
4.Investing in energy-efficient appliances may have a higher first cost 初始成本, but they save money over time.
投资于节能电器可能有更高的初始成本 first cost,但它们能节省长期费用。
5.The contractor provided a breakdown of the first cost 初始成本 for the new building project.
承包商提供了新建筑项目的初始成本 first cost 明细。
作文
In the realm of business and economics, understanding the concept of first cost is essential for making informed financial decisions. The term first cost refers to the initial expenses incurred when purchasing an asset or implementing a project. This includes the purchase price, installation fees, and any other costs necessary to get the asset operational. For example, when a company decides to invest in new machinery, the first cost would encompass not only the price of the machine but also the shipping and installation costs associated with it. One of the critical aspects of evaluating first cost is its impact on budgeting and financial forecasting. Businesses often prioritize minimizing first cost to improve cash flow in the short term. However, this approach can lead to long-term consequences that may outweigh the initial savings. For instance, if a company opts for cheaper machinery with a lower first cost, they might face higher maintenance costs and lower efficiency over time. This situation highlights the need for a comprehensive analysis that goes beyond just the first cost.Moreover, decision-makers should consider the total cost of ownership, which includes operational costs, maintenance, and eventual disposal costs along with the first cost. By evaluating the total cost of ownership, businesses can make more strategic decisions that align with their long-term goals. This holistic approach can lead to better investment choices that enhance productivity and profitability in the future.For instance, a construction company might be tempted to choose materials with a low first cost to reduce immediate expenses. However, if those materials require frequent repairs or replacements, the overall cost will escalate significantly. Therefore, it is crucial to balance first cost with quality and durability to ensure that the investment pays off in the long run.Additionally, the concept of first cost is not limited to tangible assets. It can also apply to services and projects. For example, when a business decides to implement a new software system, the first cost would include licensing fees, training costs, and any hardware upgrades needed. Here again, focusing solely on minimizing the first cost could result in choosing a subpar software solution that may not meet the organization's needs effectively.In conclusion, while the first cost is a vital factor in financial decision-making, it should not be the sole consideration. Businesses must adopt a broader perspective that includes the total cost of ownership and the long-term benefits of their investments. By doing so, they can avoid pitfalls associated with short-sighted decisions and ensure sustainable growth. Understanding the implications of first cost allows companies to navigate the complexities of financial planning and make choices that foster success and resilience in a competitive market.
在商业和经济领域,理解first cost的概念对于做出明智的财务决策至关重要。first cost一词指的是在购买资产或实施项目时产生的初始费用。这包括购买价格、安装费用以及使资产投入运营所需的其他费用。例如,当一家公司决定投资新机器时,first cost将不仅包括机器的价格,还包括与之相关的运输和安装费用。评估first cost的一个关键方面是其对预算和财务预测的影响。企业通常优先考虑降低first cost以改善短期现金流。然而,这种方法可能导致长期后果,可能会超过初始节省。例如,如果一家公司选择低first cost的便宜机械,他们可能会面临更高的维护成本和较低的效率。这种情况突显了需要进行全面分析的重要性,而不仅仅是关注first cost。此外,决策者还应考虑总拥有成本,包括运营成本、维护成本和最终处置成本,以及first cost。通过评估总拥有成本,企业可以做出更具战略性的决策,与其长期目标保持一致。这种整体方法可以导致更好的投资选择,从而提高未来的生产力和盈利能力。例如,建筑公司可能会倾向于选择初始first cost较低的材料,以减少即时支出。然而,如果这些材料需要频繁维修或更换,总体成本将显著上升。因此,平衡first cost与质量和耐用性至关重要,以确保投资在长期内获得回报。此外,first cost的概念并不仅限于有形资产。它也可以适用于服务和项目。例如,当一家公司决定实施新的软件系统时,first cost将包括许可费用、培训费用以及任何硬件升级所需的费用。在这里,再次强调,仅关注最小化first cost可能会导致选择一个不符合组织需求的劣质软件解决方案。总之,虽然first cost是财务决策中的一个重要因素,但它不应是唯一的考虑因素。企业必须采取更广泛的视角,包括总拥有成本和投资的长期收益。通过这样做,他们可以避免与短视决策相关的陷阱,并确保可持续增长。理解first cost的影响使公司能够驾驭财务规划的复杂性,做出促进成功和韧性的选择,在竞争激烈的市场中立足。