minimizing curve

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• Cost curve — In economics, a cost curve is a graph of the costs of production as a function of total quantity produced. In a free market economy, productively efficient firms use these curves to find the optimal point of production (minimising cost), and… …   Wikipedia

• Yield curve — This article is about yield curves as used in finance. For the term s use in physics, see Yield curve (physics). Not to be confused with Yield curve spread – see Z spread. The US dollar yield curve as of February 9, 2005. The curve has a typical… …   Wikipedia

• Horseshoe curve (transportation) — As far as possible, a railway or road trying to climb a steep gradient tries to follow the contours so that cuttings and embankments are kept to a minimum, while also minimizing the total length of the line.Sometimes a valley at right angles to… …   Wikipedia

• Calculus of variations — is a field of mathematics that deals with extremizing functionals, as opposed to ordinary calculus which deals with functions. A functional is usually a mapping from a set of functions to the real numbers. Functionals are often formed as definite …   Wikipedia

• Geodesic — [ great circle arcs.] In mathematics, a geodesic IPA|/ˌdʒiəˈdɛsɪk, ˈdisɪk/ [jee uh des ik, dee sik] is a generalization of the notion of a straight line to curved spaces . In presence of a metric, geodesics are defined to be (locally) the… …   Wikipedia

• Info-gap decision theory — is a non probabilistic decision theory that seeks to optimize robustness to failure – or opportuneness for windfall – under severe uncertainty,[1][2] in particular applying sensitivity analysis of the stability radius type[3] to perturbations in… …   Wikipedia

• Isocost — In economics an isocost line represents a combination of inputs which all cost the same amount. Although similar to the budget constraint in consumer theory, the use of the isocost pertains to cost minimization in production, as opposed to… …   Wikipedia

• Gauss–Newton algorithm — The Gauss–Newton algorithm is a method used to solve non linear least squares problems. It can be seen as a modification of Newton s method for finding a minimum of a function. Unlike Newton s method, the Gauss–Newton algorithm can only be used… …   Wikipedia

• Corrective lens — A bifocal corrective eyeglass lens A pair of contact le …   Wikipedia

• Torsion tensor — In differential geometry, the notion of torsion is a manner of characterizing a twist or screw of a moving frame around a curve. The torsion of a curve, as it appears in the Frenet Serret formulas, for instance, quantifies the twist of a curve… …   Wikipedia

• production, theory of — ▪ economics Introduction       in economics, an effort to explain the principles by which a business firm decides how much of each commodity that it sells (its “outputs” or “products”) it will produce, and how much of each kind of labour, raw… …   Universalium