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best possible value

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  • Best value — is government policy in the United Kingdom affecting the provision of public services in England and Wales. In Wales, Best Value is known as the Wales Programme for Improvement. Contents 1 Introduction 2 Effects of Best Value 3 History of Best… …   Wikipedia

  • Value at risk — (VaR) is a maximum tolerable loss that could occur with a given probability within a given period of time. VaR is a widely applied concept to measure and manage many types of risk, although it is most commonly used to measure and manage the… …   Wikipedia

  • 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

  • Value Measuring Methodology — (or VMM) is a tool that helps planners balance both tangible and intangible values when making investment decisions, and monitor benefits.Formal methods to calculate the Return on Investment (or ROI) have been widely understood and used for a… …   Wikipedia

  • best value — /ˌbest vælju:/ noun a system adopted by the UK government to ensure that local authorities provide services to the public in the most efficient and cost effective way possible (NOTE: Best value, which came into force with the Local Government Act …   Marketing dictionary in english

  • Best, worst and average case — In computer science, best, worst and average cases of a given algorithm express what the resource usage is at least , at most and on average , respectively. Usually the resource being considered is running time, but it could also be memory or… …   Wikipedia

  • Value (ethics) — For other uses, see Value (disambiguation). In ethics, value is a property of objects, including physical objects as well as abstract objects (e.g. actions), representing their degree of importance. Ethic value denotes something s degree of… …   Wikipedia

  • Best response — In game theory, the best response is the strategy (or strategies) which produces the most favorable outcome for a player, taking other players strategies as given (Fudenberg Tirole 1991, p. 29; Gibbons 1992, pp. 33–49). The concept of a …   Wikipedia

  • Value (philosophy) — Philosophic or ethic value is a property of objects, including physical objects as well as abstract objects (e.g. actions), representing their degree of importance. The study of it is included in value theory.An object with ethic or philosophic… …   Wikipedia

  • Best of Both Worlds Tour — infobox concert tour concert tour name = Best of Both Worlds Tour artist = Hannah Montana/Miley Cyrus album = Hannah Montana Jonas Brothers Insomniatic start date = October 18, 2007 end date = January 31, 2008 number of legs = 3 number of shows …   Wikipedia

  • Value of monogamy — The value of monogamy refers to people s views about the contributions monogamy makes, good or bad, to individual and social well being. Some cultures value monogamy as an ideal form of family organization. However, many cultures prefer other… …   Wikipedia

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