Search results
Results from the WOW.Com Content Network
The cost of representing a number N in a given base b can be defined as (,) = ⌊ + ⌋where we use the floor function ⌊ ⌋ and the base-b logarithm.. If both b and N are positive integers, then the quantity (,) is equal to the number of digits needed to express the number N in base b, multiplied by base b. [1]
The Marshall-Edgeworth index, credited to Marshall (1887) and Edgeworth (1925), [11] is a weighted relative of current period to base period sets of prices. This index uses the arithmetic average of the current and based period quantities for weighting.
In linear programming, reduced cost, or opportunity cost, is the amount by which an objective function coefficient would have to improve ...
A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate. A cost ...
The data used are prices and quantities in two time-periods, (t-1) and (t), for each of n goods which are indexed by i. If we denote the price of item i at time t-1 by p i , t − 1 {\displaystyle p_{i,t-1}} , and, analogously, we define q i , t {\displaystyle q_{i,t}} to be the quantity purchased of item i at time t, then, the Törnqvist price ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Free premium casino-style slots and classic video poker by the creators of authentic PC & Mac casino slots from IGT, WMS Gaming, and Bally!
A basis of estimate is an analyzed and carefully calculated number that can be used for proposals, bidding on government contracts, and executing a project with a fully calculated budget. [2]