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And so, yes, there's a rush to the bottom in minimizing the cost of production.
NPR: U.S. Factory Workers Competing in a Global Market
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Minimizing the cost of access is the easiest way to eliminate friction.
FORBES: What Makes an Idea a Meme?
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Touch sensing helps increase product lifetimes by eliminating mechanical wear and tear associated with buttons and switches, while minimizing system cost by saving an extra IC in the design.
ENGADGET: Freescale's new industrial touchscreen tech even works in the rain
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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
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Because Nanophosphate EXT is designed to reduce or eliminate the need for costly thermal management, it is expected to deliver these performance advantages while also increasing reliability, minimizing complexity and reducing total cost of ownership (TCO) over the life of the battery system for a number of applications, including those within the transportation and telecommunications industries.
ENGADGET: A123 Systems' new lithium ion tech keeps EV batteries cool, your wallet in check
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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