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measurable value

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  • Value engineering — is a systematic method to improve the value of goods and services by using an examination of function. Value, as defined, is the ratio of function to cost. Value can therefore be increased by either improving the function or reducing the cost. It …   Wikipedia

  • Measurable economic welfare — (MEW) is a method to measure the living standards. History In 1972, William Nordhaus and James Tobin developed Measurable economic welfare (MEW).This adjusts GDP by adding leisure, unpaid housework and the value of services given by consumer… …   Wikipedia

  • Mean value theorem — For the theorem in harmonic function theory, see Harmonic function#Mean value property. Topics in Calculus Fundamental theorem Limits of functions Continuity Mean value theorem Differential calculus  Derivative Change of variables …   Wikipedia

  • Universally measurable set — In mathematics, a subset A of a Polish space X is universally measurable if it is measurable with respect to every complete probability measure on X that measures all Borel subsets of X. In particular, a universally measurable set of reals is… …   Wikipedia

  • Singular value decomposition — Visualization of the SVD of a 2 dimensional, real shearing matrix M. First, we see the unit disc in blue together with the two canonical unit vectors. We then see the action of M, which distorts the disk to an ellipse. The SVD decomposes M into… …   Wikipedia

  • Public value — is the equivalent of shareholder value in public management. Public value can be instituted as an organising principle in a public sector organisation, providing a focus in the context of which individual employees are free to pursue and propose… …   Wikipedia

  • utility and value — ▪ economics Introduction       in economics, the determination of the prices of goods and services.       The modern industrial economy is characterized by a high degree of interdependence of its parts. The supplier of components or raw materials …   Universalium

  • geoid — geoidal, adj. /jee oyd/, n. 1. an imaginary surface that coincides with mean sea level in the ocean and its extension through the continents. 2. the geometric figure formed by this surface, an ellipsoid flattened at the poles. [1880 85; < Gk… …   Universalium

  • Design management — is the business side of design. Design managers need to speak the language of the business and the language of design …   Wikipedia

  • Exergy — Available energy redirects here. For the meaning of the term in particle collisions, see Available energy (particle collision) .In thermodynamics, the exergy of a system is the maximum work possible during a process that brings the system into… …   Wikipedia

  • Landau pole — In physics, Landau pole is the energy scale (or the precise value of the energy) where a coupling constant (the strength of an interaction) of a quantum field theory becomes infinite. Such a possibility was pointed out by the physicist Lev… …   Wikipedia

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