benefit-cost ratio

简明释义

利得成本比率

英英释义

The benefit-cost ratio is a financial metric used to evaluate the economic viability of a project by comparing the benefits gained from the project to the costs incurred in its implementation.

效益成本比是一个财务指标,用于评估项目的经济可行性,通过比较项目所带来的效益与实施过程中产生的成本。

例句

1.The project was approved after demonstrating a strong benefit-cost ratio (收益成本比) of 3:1.

该项目在展示了强大的收益成本比(收益成本比)为3:1后获得批准。

2.Investors often look for a high benefit-cost ratio (收益成本比) before committing funds.

投资者通常在投入资金之前寻找高的收益成本比(收益成本比)。

3.The environmental study showed a favorable benefit-cost ratio (收益成本比) for the proposed conservation measures.

环境研究显示提出的保护措施有利的收益成本比(收益成本比)。

4.The city council evaluated the new park's benefit-cost ratio (收益成本比) to justify the expenses.

市议会评估了新公园的收益成本比(收益成本比)以证明支出是合理的。

5.A benefit-cost ratio (收益成本比) above 1 indicates that the benefits outweigh the costs.

高于1的收益成本比(收益成本比)表明收益超过成本。

作文

In the realm of economics and project management, the concept of benefit-cost ratio is essential for evaluating the viability and effectiveness of various initiatives. The benefit-cost ratio (BCR) is a quantitative measure that compares the total expected benefits of a project to its total expected costs. This ratio helps decision-makers determine whether a project is worth pursuing based on its potential return on investment. A BCR greater than one indicates that the benefits outweigh the costs, while a ratio less than one suggests that the costs exceed the benefits. Therefore, understanding the benefit-cost ratio is crucial for making informed economic decisions.To illustrate the importance of the benefit-cost ratio, let us consider a hypothetical scenario involving the construction of a new public transportation system. The government is considering investing in this project to improve accessibility and reduce traffic congestion. Before proceeding, it conducts an analysis to calculate the benefit-cost ratio. The expected benefits include reduced travel time, lower vehicle operating costs, decreased air pollution, and improved public health. On the other hand, the costs encompass construction expenses, maintenance, and potential disruption during the building phase.After thorough analysis, the government estimates that the total benefits amount to $50 million, while the total costs are projected to be $30 million. By calculating the benefit-cost ratio, we find that it equals 1.67 (i.e., $50 million / $30 million). Since this ratio is greater than one, it indicates that the benefits significantly outweigh the costs, making the project a worthwhile investment.However, the benefit-cost ratio is not always straightforward. It requires careful consideration of both tangible and intangible factors. For instance, some benefits, such as enhanced community well-being or environmental sustainability, may be difficult to quantify but are nonetheless vital for a comprehensive analysis. Additionally, the time frame over which the benefits and costs are evaluated can also influence the benefit-cost ratio. A project may have high initial costs but yield substantial long-term benefits, which could justify the investment if assessed over an appropriate duration.Moreover, different stakeholders may have varying perspectives on what constitutes a benefit or a cost. For example, while a business might focus on direct financial returns, community members might prioritize social and environmental outcomes. This divergence highlights the need for inclusive decision-making processes that take into account diverse viewpoints when calculating the benefit-cost ratio.In conclusion, the benefit-cost ratio serves as a critical tool for evaluating the feasibility and desirability of projects across various sectors. By providing a clear numerical representation of the relationship between benefits and costs, it enables stakeholders to make informed decisions that align with their goals and values. As we continue to face complex challenges in society, the ability to assess projects through the lens of the benefit-cost ratio will play a pivotal role in guiding sustainable and effective investments for the future.

在经济学和项目管理领域,成本效益比的概念对于评估各种倡议的可行性和有效性至关重要。成本效益比(BCR)是一个定量指标,它将项目的总预期收益与其总预期成本进行比较。这个比率帮助决策者根据潜在的投资回报来判断一个项目是否值得追求。大于一的BCR表明收益超过成本,而小于一的比率则表明成本超过收益。因此,理解成本效益比对于做出明智的经济决策至关重要。为了说明成本效益比的重要性,让我们考虑一个假设场景,涉及新公共交通系统的建设。政府正在考虑投资该项目,以改善可达性并减少交通拥堵。在推进之前,它进行分析以计算成本效益比。预期的收益包括减少旅行时间、降低车辆运营成本、减少空气污染和改善公共健康。另一方面,成本包括建设费用、维护费用以及建设阶段可能造成的干扰。经过彻底分析,政府估计总收益为5000万美元,而总成本预计为3000万美元。通过计算成本效益比,我们发现它等于1.67(即5000万美元/3000万美元)。由于这个比率大于一,这表明收益显著超过成本,使得该项目成为值得投资的项目。然而,成本效益比并不总是简单明了。它需要仔细考虑有形和无形因素。例如,一些收益,如增强社区福祉或环境可持续性,可能难以量化,但在全面分析中仍然至关重要。此外,评估收益和成本的时间框架也会影响成本效益比。一个项目可能具有高初始成本,但如果在适当的时间段内评估,可能会带来可观的长期收益,从而证明投资的合理性。此外,不同的利益相关者可能对什么构成收益或成本有不同的看法。例如,虽然企业可能专注于直接的财务回报,但社区成员可能更重视社会和环境结果。这种差异突显了在计算成本效益比时,需要包容性决策过程,以考虑多样化的观点。总之,成本效益比作为评估各个领域项目可行性和可取性的关键工具。通过提供收益与成本之间关系的清晰数字表示,它使利益相关者能够做出符合其目标和价值观的明智决策。随着我们继续面临社会中的复杂挑战,通过成本效益比的视角评估项目的能力将在指导未来可持续和有效投资方面发挥关键作用。

相关单词

ratio

ratio详解:怎么读、什么意思、用法