operational costs

Language: en

📖 Definitions

  1. The ongoing expenses required to run a business, facility, or system on a day-to-day basis, including costs such as utilities, maintenance, staffing, and infrastructure.; The total financial burden associated with the execution of specific operations or processes within an organization.

💬 Examples

  1. Enhanced inference efficiency translates to lower operational costs for data centers worldwide.

  2. The company implemented new software to reduce operational costs during peak production hours.