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  2. Optimality model - Wikipedia

    en.wikipedia.org/wiki/Optimality_model

    In biology, optimality models are a tool used to evaluate the costs and benefits of different organismal features, traits, and characteristics, including behavior, in the natural world. This evaluation allows researchers to make predictions about an organism's optimal behavior or other aspects of its phenotype .

  3. Biological cost - Wikipedia

    en.wikipedia.org/wiki/Biological_cost

    In biology, the biological cost or metabolic price is a measure of the increased energy metabolism that is required to achieve a function. Drug resistance in microbiology, for instance, has a very high metabolic price, [ 1 ] especially for antibiotic resistance .

  4. Optimal control - Wikipedia

    en.wikipedia.org/wiki/Optimal_control

    An optimal control is a set of differential equations describing the paths of the control variables that minimize the cost function. The optimal control can be derived using Pontryagin's maximum principle (a necessary condition also known as Pontryagin's minimum principle or simply Pontryagin's principle), [ 8 ] or by solving the Hamilton ...

  5. Deployment cost–benefit selection in physiology - Wikipedia

    en.wikipedia.org/wiki/Deployment_cost–benefit...

    Therefore, an adaptive advantage exists if an animal can control its deployment in regard to actuary-like evaluations of future benefits and costs as to its biological fitness. [3] [4] In many circumstances, such trade-off calculations explain why immune responses are suppressed and infections are tolerated.

  6. Glossary of project management - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_project_management

    Project plan is a formal, approved document used to guide both project execution and project control. The primary uses of the project plan are to document planning assumptions and decisions, facilitate communication among stakeholders, and document approved scope, cost, and schedule baselines. A project plan may be summary or detailed. [7]

  7. Cost engineering - Wikipedia

    en.wikipedia.org/wiki/Cost_engineering

    Cost engineering is "the engineering practice devoted to the management of project cost, involving such activities as estimating, cost control, cost forecasting, investment appraisal and risk analysis". [1] "Cost Engineers budget, plan and monitor investment projects. They seek the optimum balance between cost, quality and time requirements." [2]

  8. Elemental cost planning - Wikipedia

    en.wikipedia.org/wiki/Elemental_cost_planning

    Elemental cost planning is a system of Cost planning and Cost control, typically for buildings, which enables the cost of a scheme to be monitored during design development. 1951 saw the publication of the Ministry of Education Building Bulletin No 4 which essentially introduced the concept of elemental cost planning to the UK construction ...

  9. Management accounting - Wikipedia

    en.wikipedia.org/wiki/Management_accounting

    Activity-based costing (ABC) recognizes that, in modern factories, most manufacturing costs are determined by the amount of 'activities' (e.g., the number of production runs per month, and the amount of production equipment idle time) and that the key to effective cost control is therefore optimizing the efficiency of these activities. Both ...