Norwegian Cruise Line operates one cruise ship out of the Port of New Orleans, the Norwegian Dawn, which offers 7-day cruises to the Caribbean during the winter sailing season. With a capacity of 2,340 passengers, the Dawn is 965 feet long by 125 feet maximum width.
Aggregate Level Cost Method. DEFINITION of 'Aggregate Level Cost Method'. An acturial cost method that tries to match and allocate the cost and benefit of a pension plan over the span of the plan's life. The Aggregate Level Cost Method typically takes the present value of benefits minus asset value and spreads the excess amount over the future payroll of the participants.
STEPPED COSTS Definition. STEPPED COSTS is a cost that increases by a reasonably constant sum each time volume or activity increases by a predictable, constant, multiple. The smallest step costs are variable costs, which increase by a discrete amount each time output or activity increases by one unit. Larger steps will consist of what are, effectively, fixed costs over a particular range of output.