Rather, first and possibly foremost, reform should be directed at maximizing efficiency and minimizing costs of state pensions, health care, and nursing care.
FORBES: Deadline Met? Sort Of. Goal achieved? Sadly, No. Crisis Averted? Still Too Early to Say.
Many economists laud the market for its efficiency properties as free markets generally direct resources to their highest-valued ends while minimizing costs of production.
FORBES: The Greatest Thinker You've Never Read: Ludwig von Mises
Only after effectively minimizing its costs, should taxes and insurance premiums be raised to keep the system solvent.
FORBES: Deadline Met? Sort Of. Goal achieved? Sadly, No. Crisis Averted? Still Too Early to Say.
As they serve taxpayers, executive departments and agencies (agencies) also must act in a fiscally responsible manner, including by minimizing their costs, in order to perform these mission critical functions in the most efficient, cost effective way.
WHITEHOUSE: Executive Order 13589 -- Promoting Efficient Spending
Public safety is unified in its quest for this additional spectrum and as the network begins to take shape, it will be working with the commercial network operators to share some services, back-end systems, and other assets in order to maximize the network while minimizing its costs.
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What is more, if Congress is serious about procurement reform in the Pentagon, about reducing the unacceptably long lead-times from program inception to deployment, and about minimizing the costs of defense systems, it will find no better model than the approach used to bring on line successive generations of submarine-launched ballistic missiles.
If diversification is a must-have strategy for your investable assets, then consider minimizing maintenance and transaction costs.
At cell towers in extreme temperature environments, Nanophosphate EXT further reduces operating and maintenance costs by minimizing or eliminating the need for air conditioning or heating.
ENGADGET: A123 Systems' new lithium ion tech keeps EV batteries cool, your wallet in check
Consulting the income statement shows that MIPS Technologies managed to streamline operations by minimizing cost of goods sold, increasing necessary costs like research and development, and still being able to boost the bottom line.
FORBES: A Potential Play for Those Who Missed the Motorola Deal
Brocade is building automation technology that is VM aware within their switches so that when a VM is migrated, the network and storage components needed for it to continue to function are also automatically reconfigured, thereby minimizing the manual labor that an administrator needs and decreasing your OpEx costs by increased automation.
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