The term originated as an abstraction of the sequence: single, double, triple, quadruple, quintuple, sextuple, septuple, octuple, ..., nâtuple, ..., where the prefixes are taken from the Latinnames of the numerals. The unique 0âtuple is called the null tuple.
Cost Reduction and Cost Avoidance Cost reduction can be generally defined as the act of cutting costs to improve profitability. Cost reduction is often confused with cost avoidance, which is more properly defined as the act of eliminating costs or preventing their occurrence in the first place. Both types of cost control, which are two sides of the cost containment coin, are important and necessary for a company that wants to achieve and maintain profitability, especially in a weak economy.
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