Opportunity Cost. Share: In economics, âthere is no such thing as a free lunch!â Even if we are not asked to pay money for something, scarce resources are used up in production and there is an opportunity cost involved. Opportunity cost measures the cost of any choice in terms of the next best alternative foregone. 1  Work-leisure choices: The opportunity cost of deciding not to work an extra ten hours a week is the lost wages foregone.
According to Bridgefield Group, a third party logistics provider, or 3PL, âis an outsourced provider that manages all or a significant part of an organizationâs logistics requirements and performs transportation, locating and sometimes product consolidation activities.â.
Third Party Administrators. Since 1995, Parkview Occupational Health has been a Third Party Administrator (TPA) for over 3500 participants in our random drug testing pools, serving over 2000 tests each year.The program is simple, direct and cost effective.s your TPA, we comply with your random drug testing policies, track your records, supply statistics on positive results and provide support to keep employers compliant with DOT regulations. If you are not required to comply with DOT regulations for your random pool, a customized program is developed to fit your needs.