token budgeting
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LLMs: From Tokens to Dollars: Cost Engineering for LLM Apps
Optimize LLM application costs by treating tokens as a design constraint, not an afterthought. This playbook details strategies like token budgeting, caching, compression, and intelligent model mixing to minimize expenses while maximizing value. Focus on outcomes, not just usage, to transform LLMs into a predictable, compounding advantage. Track cost per task, accuracy, and latency to ensure efficiency.
