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variable cost function

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  • cost function — A formula or equation that represents the way in which particular costs behave when plotted on a graph. For example, the most common cost function represents the total cost as the sum of the fixed costs and the variable costs in the equation y =… …   Accounting dictionary

  • cost function — A formula or equation that represents the way in which particular costs behave when plotted on a graph. For example, the most common cost function represents the total cost as the sum of the fixed costs and the variable costs in the equation y =… …   Big dictionary of business and management

  • linear cost function — Cost behaviour that, when plotted on a graph against activity levels, results in a straight line. For example, total fixed cost levels and variable costs per unit of activity will both result in a straight line horizontal to the x axis when… …   Accounting dictionary

  • linear cost function — Cost behaviour that, when plotted on a graph against activity levels, results in a straight line. For example, total fixed cost levels and variable costs per unit of activity will both result in a straight line horizontal to the x axis when… …   Big dictionary of business and management

  • 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

  • Cost-plus pricing — is a pricing method used by companies to maximize their profits. The firms accomplish their objective of profit maximization by increasing their production until marginal revenue equals marginal cost, and then charging a price which is determined …   Wikipedia

  • Function point — A function point is a unit of measurement to express the amount of business functionality an information system provides to a user. Function points are the units of measure used by the IFPUG Functional Size Measurement Method. The IFPUG FSM… …   Wikipedia

  • Cost — This article is about the economic concept. For the scientific organization, see COST. For uses of The Cost , see The Cost (disambiguation). Expenditure redirects here. For personal consumption expenditure, see Consumption (economics). In… …   Wikipedia

  • Variable Specific Impulse Magnetoplasma Rocket — Artist s impression of several VASIMR engines propelling a craft through space The Variable Specific Impulse Magnetoplasma Rocket (VASIMR) is an electro magnetic thruster for spacecraft propulsion. It uses radio waves to ionize and heat a… …   Wikipedia

  • Variable-frequency oscillator — A variable frequency oscillator (VFO) in electronics is a oscillator with an oscillation frequency that can be electronically changed (hence, variable).cite book |title=The ARRL Handbook for Radio Amateurs, Sixty Eighth Edition |editor=Larry D.… …   Wikipedia

  • Function-level programming — In computer science, function level programming refers to one of the two contrasting programming paradigms identified by John Backus in his work on programs as mathematical objects, the other being value level programming.In his 1977 Turing award …   Wikipedia

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