How to Calculate Avoided Cost?
Avoided Cost calculator uses Avoided Costs = Assumed Repair Cost+Production Losses-Preventative Maintenance Cost to calculate the Avoided Costs, Avoided Cost is a term commonly used in economics, finance, and business to describe the expenses or losses that are prevented or mitigated by taking a particular action. Avoided Costs is denoted by ACS symbol.
How to calculate Avoided Cost using this online calculator? To use this online calculator for Avoided Cost, enter Assumed Repair Cost (ARC), Production Losses (PL) & Preventative Maintenance Cost (PMCT) and hit the calculate button. Here is how the Avoided Cost calculation can be explained with given input values -> 865 = 980+470-585.