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minimum cost quantity

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  • Minimum efficient scale — (MES) or efficient scale of production is a term used in industrial organization to denote the smallest output that a plant (or firm) can produce such that its long run average costs are minimized. Contents 1 Computing 2 Relationship to average… …   Wikipedia

  • 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

  • Minimum wage — A minimum wage is the lowest hourly, daily or monthly remuneration that employers may legally pay to workers. Equivalently, it is the lowest wage at which workers may sell their labour. Although minimum wage laws are in effect in a great many… …   Wikipedia

  • Average cost — In economics, average cost is equal to total cost divided by the number of goods produced (the output quantity, Q). It is also equal to the sum of average variable costs (total variable costs divided by Q) plus average fixed costs (total fixed… …   Wikipedia

  • Marginal cost — A typical marginal cost curve with marginal revenue overlaid In economics and finance, marginal cost is the change in total cost that arises when the quantity produced changes by one unit. That is, it is the cost of producing one more unit of a… …   Wikipedia

  • Economic order quantity — is that level of inventory that minimizes the total of inventory holding cost and ordering cost. The framework used to determine this order quantity is also known as Wilson EOQ Model. The model was developed by F. W. Harris in 1913. But still R.… …   Wikipedia

  • bare minimum — noun The smallest possible quantity or the least fulfilling, but still adequate, condition that is required, acceptable, or suitable for some purpose. The Belgian colonies, if they adhere to these limits, must provide for all their wants at a… …   Wiktionary

  • Abkürzungen/Luftfahrt/L–R — Dies ist der vierte Teil der Liste Abkürzungen/Luftfahrt. Liste der Abkürzungen Teil 1 A A Teil 2 B–D B; C; D Teil 3 E–K …   Deutsch Wikipedia

  • Dynamic programming — For the programming paradigm, see Dynamic programming language. In mathematics and computer science, dynamic programming is a method for solving complex problems by breaking them down into simpler subproblems. It is applicable to problems… …   Wikipedia

  • agricultural technology — Introduction       application of techniques to control the growth and harvesting of animal and vegetable products. Soil preparation       Mechanical processing of soil so that it is in the proper physical condition for planting is usually… …   Universalium

  • D* — This article is about a search algorithm. For the digital voice and data protocol specification, see D STAR. For the physical quantity, see Specific detectivity. Graph and tree search algorithms …   Wikipedia

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