expected value

expected value(EV) A statistical measure of central value often used in decision making. It is the sum of the possible outcomes in quantitative terms, such as units of output or sales, weights, or volumes, multiplied by the respective probabilities of these outcomes arising. Compareexpected monetary value.

• cost driver
• cost effectiveness
• cost function
• Cost, Insurance and Freight
• cost leadership strategy
• cost minimization
• cost object
• cost of capital
• cost of carry
• cost of debt
• cost of equity
• cost of funds
• cost of goods manufactured
• cost of quality
• cost per enquiry
• cost per mille
• cost per order
• cost per product
• cost per targeted mille
• cost-plus contract
• cost-plus pricing
• cost-plus transfer prices
• cost-push inflation
• cost tracing
• cost unit