Another phrase for the cost of residual uncertainty is the cost of worry. It's basically the level of risk that remains after a company has evaluated and implement its plans for risk management. This worry is influenced by the known risks to which the company is exposed.
The residual value of "cost plus" is whatever is charged which exceeds the cost. Example: I provide a quote the terms for a project as being "cost plus 20%". If the cost for my project is $100, then I would bill $120. The residual value is $20.
Uncertainty; doubtfulness; doubt.
PTB means pulmonary tuberculosis. It heals with residual fibrosis.
In an anxious manner; with painful uncertainty; solicitously.
residual (powers)
yes it is because it keeps the cost down through eligibility
residual risk, increased cost and decreased productivity
The uncertainty of a ruler in centimeters refers to the smallest measurement that can be reliably determined using the ruler. This uncertainty is typically around 0.1 centimeters, meaning that measurements taken with the ruler may have a margin of error of up to 0.1 centimeters.
There are three types of uncertainty when owning or managing a small business. The three types of uncertainty are state uncertainty, effect uncertainty and response uncertainty.
re What is the meaning of cost management ratios?
The heisenberg uncertainty principle is what you are thinking of. However, the relation you asked about does not exist. Most formalisms claim it as (uncertainty of position)(uncertainty of momentum) >= hbar/2. There is a somewhat more obscure and less useful relation (uncertainty of time)(uncertainty of energy) >= hbar/2. But in this relation the term of uncertainty of time is not so straightforward (but it does have an interesting meaning).
There are several ways to calculate uncertainty. You can round a decimal place to the same place as an uncertainty, put the uncertainty in proper form, or calculate uncertainty from a measurement.