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  2. Glossary of economics - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_economics

    Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...

  3. Pass-through (economics) - Wikipedia

    en.wikipedia.org/wiki/Pass-through_(economics)

    In addition to the absolute pass-through that uses incremental values (i.e., $2 cost shock causing $1 increase in price yields a 50% pass-through rate), some researchers use pass-through elasticity, where the ratio is calculated based on percentage change of price and cost (for example, with elasticity of 0.5, a 2% increase in cost yields a 1% increase in price).

  4. Iceberg transport cost model - Wikipedia

    en.wikipedia.org/wiki/Iceberg_Transport_Cost_Model

    The iceberg transport cost model is a commonly used, simple economic model of transportation costs. It relates transport costs linearly with distance, and pays these costs by extracting from the arriving volume. The model is attributed to Paul Samuelson's 1954 article in Deardorffs' Glossary of International Economics. [1]

  5. United Parcel Service - Wikipedia

    en.wikipedia.org/wiki/United_Parcel_Service

    United Parcel Service, Inc. (UPS) is an American multinational shipping & receiving and supply chain management company founded in 1907. [1] Originally known as the American Messenger Company specializing in telegraphs, UPS has expanded to become a Fortune 500 company [6] and one of the world's largest shipping couriers.

  6. Cost overrun - Wikipedia

    en.wikipedia.org/wiki/Cost_overrun

    The cost overruns constituted 33% of the total expense. The budget for the bridge increased to 150%. The cost overruns exceeded the original budget by 50%. The final example is the most commonly used as it specifically describes the cost overruns exclusively whereas the other two describe the overrun as an aspect of the total expense.

  7. More parcels, higher prices lift UPS profit but costs soar - AOL

    www.aol.com/news/more-parcels-higher-prices-lift...

    United Parcel Service Inc (UPS.N) reported higher first-quarter net profit on Thursday, driven by strong package volumes in its core U.S. segment, but higher costs from Saturday delivery and nasty ...

  8. UPS Slashes Ground Delivery Transit Times - AOL

    www.aol.com/news/ups-slashes-ground-delivery...

    UPS Inc. (NYSE: UPS) has reduced transit times by one business day on millions of parcels moving under its core U.S. ground delivery business, one of the most consequential service improvements ...

  9. Total delivery cost - Wikipedia

    en.wikipedia.org/wiki/Total_delivery_cost

    Total Delivered Cost (TDC) is the amount of money it takes for a company to manufacture and deliver a product. Its components are: Its components are: Total Manufacturing Cost : Costs incurred up to and inclusive of the production of finished and wrapped pallets or unit loads , fit for introduction into the warehousing and distribution chain .