Although catalytic converters are most commonly applied to exhaust systems in automobiles, they are also used on electrical generators, forklifts, mining equipment, trucks, buses, locomotives and motorcycles. They are also used on some wood stoves to control emissions.n vehicles with OBD II, a second oxygen sensor is fitted after the catalytic converter to monitor the O 2 levels. The O 2 levels are monitored to see the efficiency of the burn process. The on-board computer makes comparisons between the readings of the two sensors.
Prospective cost is a future expenditure or past cost that can be recovered. In other words, it is any cost that can be altered by your current or future decisions and strategies. Prospective costs are often contrasted with sunk costs, a past cost that can't be recovered. Business Cost Guide.
DEFINITION of 'Direct Cost'. A price that can be completely attributed to the production of specific goods or services. Direct costs refer to materials, labor and expenses related to the production of a product.REAKING DOWN 'Direct Cost'. For example, the cost of meat in a hamburger can be attributed directly to the cost of manufacturing that product, as could the cost of packaging materials and preservatives. These are considered variable costs that are inconsistent and change amounts often.