experimentation cost

简明释义

试验成本

英英释义

The total expenses incurred during the process of conducting experiments, including materials, labor, and time.

进行实验过程中产生的总费用,包括材料费、人工费和时间成本。

例句

1.Understanding the experimentation cost 实验成本 allows businesses to make informed decisions about R&D.

了解实验成本使企业能够对研发做出明智的决策。

2.They conducted a thorough analysis of the experimentation cost 实验成本 before launching the new service.

在推出新服务之前,他们对实验成本进行了全面分析。

3.Reducing the experimentation cost 实验成本 is crucial for startups with limited resources.

降低实验成本对资源有限的初创企业至关重要。

4.The company decided to allocate a budget for the experimentation cost 实验成本 of their new product line.

公司决定为他们的新产品线分配预算以覆盖实验成本

5.Investing in technology can help lower the experimentation cost 实验成本 associated with product development.

投资技术可以帮助降低与产品开发相关的实验成本

作文

In today's rapidly evolving world, the concept of innovation is more crucial than ever. Companies and organizations are constantly striving to develop new products and services that can meet the changing demands of consumers. However, one significant aspect that often hampers this process is the experimentation cost. This term refers to the expenses incurred during the testing and development phases of new ideas or technologies. Understanding experimentation cost is essential for businesses as it directly impacts their ability to innovate and compete in the market.The experimentation cost can take various forms, including financial resources, time, and human capital. For instance, when a company decides to launch a new product, it must invest in research and development (R&D) activities. This involves hiring skilled professionals, purchasing necessary materials, and conducting multiple trials to refine the product. Each of these steps contributes to the overall experimentation cost, which can be substantial, especially for startups or smaller enterprises.Moreover, the experimentation cost is not limited to tangible expenses. It also encompasses the opportunity costs associated with diverting resources from other projects. For example, if a company allocates a significant portion of its budget to explore a new technology, it may have to forgo other profitable ventures. This trade-off highlights the importance of strategic planning and resource allocation in minimizing experimentation cost while maximizing potential returns.In addition to financial implications, the experimentation cost can also affect a company's culture and employee morale. When employees feel pressured to produce immediate results, they may be less inclined to take risks or experiment with innovative ideas. A high experimentation cost can lead to a conservative approach, stifling creativity and hindering long-term growth. Therefore, organizations must foster an environment that encourages experimentation while managing the associated costs effectively.To mitigate the experimentation cost, companies can adopt several strategies. One effective approach is to implement agile methodologies, which emphasize iterative development and continuous feedback. By breaking down projects into smaller, manageable parts, businesses can test their ideas more frequently and at a lower cost. This allows for quicker adjustments based on real-world data, ultimately reducing the overall experimentation cost.Another strategy is to leverage technology and data analytics to inform decision-making. By utilizing advanced tools to analyze market trends and consumer behavior, companies can prioritize their experiments based on potential impact and feasibility. This targeted approach can significantly lower the experimentation cost by focusing resources on the most promising opportunities.In conclusion, understanding the concept of experimentation cost is vital for any organization aiming to innovate successfully. By recognizing the various forms this cost can take and implementing effective strategies to manage it, businesses can create a culture of experimentation that drives growth and competitiveness. Ultimately, the ability to balance experimentation cost with the potential rewards of innovation will determine a company's success in the ever-changing market landscape.

在当今快速发展的世界中,创新的概念比以往任何时候都更加重要。公司和组织不断努力开发新产品和服务,以满足消费者不断变化的需求。然而,一个常常阻碍这一过程的重要方面是实验成本。这个术语指的是在新想法或技术的测试和开发阶段所产生的费用。理解实验成本对企业至关重要,因为它直接影响到他们的创新能力和市场竞争力。实验成本可以采取多种形式,包括财务资源、时间和人力资本。例如,当一家公司决定推出新产品时,它必须投资于研发(R&D)活动。这涉及到雇用专业人员、购买必要的材料以及进行多次试验以完善产品。每一步都增加了整体的实验成本,尤其是对于初创企业或小型企业,这些成本可能非常可观。此外,实验成本不仅限于有形费用。它还包括与将资源转移到其他项目相关的机会成本。例如,如果一家公司将大量预算分配给探索新技术,它可能不得不放弃其他盈利的风险。这种权衡突显了在最小化实验成本的同时最大化潜在回报的重要性,战略规划和资源分配的必要性。除了财务影响外,实验成本还可能影响公司的文化和员工士气。当员工感到被迫产生即时结果时,他们可能不太愿意冒险或尝试创新想法。高实验成本可能导致保守的方法,压制创造力并阻碍长期增长。因此,组织必须营造一种鼓励实验的环境,同时有效管理相关成本。为了减轻实验成本,公司可以采用几种策略。一种有效的方法是实施敏捷方法论,强调迭代开发和持续反馈。通过将项目分解为更小、更易管理的部分,企业可以更频繁地测试其想法,并以较低的成本进行试验。这允许根据现实数据进行更快的调整,从而最终降低整体的实验成本。另一种策略是利用技术和数据分析来指导决策。通过利用先进工具分析市场趋势和消费者行为,公司可以根据潜在影响和可行性优先考虑实验。这种有针对性的方法可以显著降低实验成本,通过将资源集中在最有前景的机会中。总之,理解实验成本的概念对任何希望成功创新的组织至关重要。通过认识到这种成本的各种形式并实施有效的管理策略,企业可以创造一种推动增长和竞争力的实验文化。最终,平衡实验成本与创新潜在回报的能力将决定公司在瞬息万变的市场环境中的成功。