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.
Definition: Aggregate Level Cost Method. This method is mainly used in the context of pension plans for calculation of the cost and benefit associated with a particular pension plan. An aggregate level cost method calculates the cost and benefit of a particular pension plan over the entire term of the planâs life. It is different from the individual level cost method. 1) All benefits of the pension plan are analyzed as follows: the total amount, total cost and the time of (contingent) payment.
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.