Least cost technology definition

Least cost technology means the technology, or mix of technologies, that would be chosen in the long run as the most economically efficient choice, provided that the choice of least cost technologies is:
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Least cost technology means the technology, or mix of technologies, that would be chosen in the long run as the most economically efficient choice. The choice of least cost technologies, however, shall: (a) be restricted to technologies that are currently available on the market and for which vendor prices can be obtained; (b) be consistent with the level of output necessary to satisfy current demand levels for all services using the basic network function in question; and (c) be consistent with overall network design and topology requirements.
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Least cost technology means the technology, or mix of
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Related to Least cost technology

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Company Technology means all Technology used in or necessary for the conduct of the business of the Company or any of its Subsidiaries, or owned or held for use by the Company or any of its Subsidiaries.

  • New Technology means methods, products, processes and procedures developed through science or research;

  • Product Technology means the Product Know-How and Product Patents.

  • Nail technician means any person who for compensation manicures or pedicures natural nails, or who performs artificial nail services for compensation, or any combination thereof.