Cost of reaching members of the target audience for a particular product or service as compared to the cost of reaching the entire audience of the medium in which the advertising has been placed; usually expressed in terms of cost per thousand.
| Marketing Dictionary: cost efficiency |
Cost of reaching members of the target audience for a particular product or service as compared to the cost of reaching the entire audience of the medium in which the advertising has been placed; usually expressed in terms of cost per thousand.
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| Wikipedia: Cost efficiency |
Cost efficiency (or cost optimality), in the context of parallel computer algorithms, refers to a measure of how effectively parallel computing can be used to solve a particular problem. A parallel algorithm is considered cost efficient if its asymptotic running time multiplied by the number of processing units involved in the computation is comparable to the running time of the best sequential algorithm.
For example, an algorithm that can be solved in O(n) time using the best known sequential algorithm and
in a parallel computer with O(p) processors will be considered cost efficient.
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