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For a suspended slab, there are a number of designs to improve the strength-to-weight ratio. In all cases the top surface remains flat, and the underside is modulated: A corrugated slab is designed when the concrete is poured into a corrugated steel tray, more commonly called decking. This steel tray improves strength of the slab, and prevents ...
Lift slab construction (also called the Youtz-Slick Method) is a method of constructing concrete buildings by casting the floor or roof slab on top of the previous slab and then raising (jacking) the slab up with hydraulic jacks. This method of construction allows for a large portion of the work to be completed at ground level, negating the ...
Average variable cost (AVC/SRAVC) (which is a short-run concept) is the variable cost (typically labor cost) per unit of output: SRAVC = wL / Q where w is the wage rate, L is the quantity of labor used, and Q is the quantity of output produced. The SRAVC curve plots the short-run average variable cost against the level of output and is ...
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where C is total cost, a b and k are constants, and x is the variable number of units produced. There are a great number of cost analysis formulas, each for particular situations and are warranted by the policies of the company in question, or the preferences of the engineer at hand. [7]
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
Shows a firm's Economic Costs in the "Short Run" - which, as defined, contains at least 1 "Fixed Cost" that cannot be changed or done away with even if the firm goes out of business (stops producing) Variable cost: Variable costs are the costs paid to the variable input. Inputs include labor, capital, materials, power and land and buildings.
Cost function In economics, the cost curve , expressing production costs in terms of the amount produced. In mathematical optimization, the loss function , a function to be minimized.