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.
What is 'Incremental Cost'. Incremental cost, also referred to as marginal cost, is the encompassing change a company experiences within its balance sheet or income statement due to the production and sale of one additional unit of production. It is calculated by analyzing the additional charges incurred based on the change in a certain activity.