Cost-Effectiveness Analysis (CEA) 1
Cost-Effectiveness Analysis (CEA) 1 : Definition: analytic technique that compares the cost of two or more alternatives with the same outcome. Alternatively: analytic technique that evaluates an alternative by how much it delivers per unit cost, or how much has to be spent per unit benefit. Sample Usage: Cost-effectiveness analysis supported selection of a new screening technology for detecting contraband items because its cost per item detected is less than that of the current screening method
No records Found