Difference Between Outsourcing and Contracting. Outsourcing has become a common phenomenon in this age of globalization. The desire of the companies to be cost effective in the face of cut throat competition from economies that have cheaper labor and other cheaper competencies has led to outsourcing on a very large scale.
The analysis showed that TMS provides an incremental cost-effectiveness ratio of $36,383 per quality-adjusted life-year (QALY), which is less than the usually accepted willingness-to-pay standard of $50,000 and shows that it is good value for money, Dr. Simpson said.
Direct TPMS equipped tires cost slightly more to maintain than non-equipped tires because proper care requires extra parts and labor. The valve service kit, which includes the valve core, cap, nut and o-ring (seal), must always be replaced when a tire is dismounted for service or replacement. The service kit costs $5-$10 per wheel on most vehicles. A special TPMS tool and additional time are also needed to check and reset the sensor system. In the event pressure sensors need to be replaced, the cost ranges from $50-$250 each depending on vehicle type.