Total Resource Cost
Key Facts
Abbreviation
TRC
Pronunciation
/ˈtoʊtəl ˈrisɔrs kɔst/
Category
Business
Related Field
Accounting
Examples in Context
- The total trade cost of resource commodities contains production cost ( especially labor cost ), environmental cost, intergenerational cost, mining tax cost, transaction cost and management cost.
- Secondly, considering the logistic volume fluctuate along with the time axis, a mathematic model is setup to reflect the total resource demands of the network for the purpose of minimizing unitary cost.
- Farmland for each farmer is large and the agricultural population is few, only makes up 2.2 % of the total population, agricultural labor force resource is relatively lack, the opportunity cost is high.
- Make full use of the total resources of the enterprises, including human resource, material resources, and advance the cost control strength of the enterprises;
Other meanings of TRC
Trinity Capital
Business
Tradable Renewable Certificate
Business
Three Ring Circus
Community
Torreon, Mexico
Regional
The Record Company
Business
Toronto Research Chemicals
Academic