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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 ...
A term is a word, compound word, or ... Considering the fact that characteristics and functioning of term depend heavily on its lexical surrounding nowadays it is ...
In mathematics, a function is a rule for taking an input (in the simplest case, a number or set of numbers) [5] and providing an output (which may also be a number). [5] A symbol that stands for an arbitrary input is called an independent variable, while a symbol that stands for an arbitrary output is called a dependent variable. [6]
Response surface: A designed experiment that models the quantitative response, especially for the short-term goal of improving a process and the longer-term goal of finding optimum factor-values. Traditionally, response-surfaces have been modeled with quadratic-polynomials, whose estimation requires that every factor have three levels.
This glossary of biology terms is a list of definitions of fundamental terms and concepts used in biology, the study of life and of living organisms.It is intended as introductory material for novices; for more specific and technical definitions from sub-disciplines and related fields, see Glossary of cell biology, Glossary of genetics, Glossary of evolutionary biology, Glossary of ecology ...
This glossary of astronomy is a list of definitions of terms and concepts relevant to astronomy and cosmology, their sub-disciplines, and related fields. Astronomy is concerned with the study of celestial objects and phenomena that originate outside the atmosphere of Earth. The field of astronomy features an extensive vocabulary and a ...
The Danish Dictionary of Information Terms [28] argues that information only provides an answer to a posed question. Whether the answer provides knowledge depends on the informed person. So a generalized definition of the concept should be: "Information" = An answer to a specific question".
This glossary of chemistry terms is a list of terms and definitions relevant to chemistry, including chemical laws, diagrams and formulae, laboratory tools, glassware, and equipment. Chemistry is a physical science concerned with the composition, structure, and properties of matter , as well as the changes it undergoes during chemical reactions ...