Cost of Delay Calculator

Calculate Cost of Delay



Formula

The formula to calculate the Cost of Delay (COD) is:

\[ \text{COD} = \text{LMC} + \text{PRC} \]

Where:

Cost of Delay Definition

The Cost of Delay (COD) is the sum of the last month's cost and the peak reduction cost. It represents the financial impact of delaying a project or task, helping to prioritize and manage resources effectively.

Example Calculation

Let's assume the following values:

Using the formula:

\[ \text{COD} = 5000 + 2000 = 7000 \text{ dollars} \]

The Cost of Delay (COD) is $7000.