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In business and for engineering economics in both industrial engineering and civil engineering practice, the minimum acceptable rate of return, often abbreviated MARR, or hurdle rate is the minimum rate of return on a project a manager or company is willing to accept before starting a project, given its risk and the opportunity cost of forgoing other projects. [1]
Acceptability is an amorphous concept, being both highly subjective and circumstantial; a thing may be acceptable to one evaluator and unacceptable to another, or unacceptable for one purpose but acceptable for another. Furthermore, acceptability is not necessarily a logical or consistent exercise.
The goal of acceptability rating studies is to gather insights into the mental grammars of participants. As the grammaticality of a linguistic construction is an abstract construct that cannot be accessed directly, this type of tasks is usually not called grammaticality, but acceptability judgment. This can be compared to intelligence.
Hurdle rate may refer to a minimum acceptable rate of return on a project; a level of return that a hedge fund must exceed before it can charge a performance fee
Acceptance testing of an aircraft catapult Six of the primary mirrors of the James Webb Space Telescope being prepared for acceptance testing. In engineering and its various subdisciplines, acceptance testing is a test conducted to determine if the requirements of a specification or contract are met.
acceptable; sensible; popular; policy; The Overton window is an approach to identifying the ideas that define the spectrum of acceptability of governmental policies. The premise of the concept Overton defined was that politicians typically act freely only within a window seen as acceptable.
The accounting rate of return, also known as average rate of return, or ARR, is a financial ratio used in capital budgeting. [1] The ratio does not take into account the concept of time value of money. ARR calculates the return, generated from net income of the proposed capital investment. The ARR is a percentage return.
Plans have known risks: an acceptable quality limit (AQL) and a rejectable quality level, such as lot tolerance percent defective (LTDP), are part of the operating characteristic curve of the sampling plan. These are primarily statistical risks and do not necessarily imply that a defective product is intentionally being made or accepted.