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  2. Cost estimate - Wikipedia

    en.wikipedia.org/wiki/Cost_estimate

    One way to make those estimates is by determining the resources needed (e.g., the amount of construction material quantities that are required) and then multiplying the estimated construction material quantities by the corresponding unit cost.

  3. Oil and gas reserves and resource quantification - Wikipedia

    en.wikipedia.org/wiki/Oil_and_gas_reserves_and...

    Extrapolations from a single control point, and thereby resource estimation, are dependent on nearby producing analogs with evidence of economic viability. Under these circumstances, pilot projects may be needed to define reserves. [1] Any other resource estimates are likely to be analog-only derived YTF volumes, which are speculative.

  4. Master production schedule - Wikipedia

    en.wikipedia.org/wiki/Master_production_schedule

    The MPS is a statement of what the company expects to produce and purchase (i.e. quantity to be produced, staffing levels, dates, available to promise, projected balance). [ 1 ] [ 3 ] The MPS translates the customer demand (sales orders, PIR’s), into a build plan using planned orders in a true component scheduling environment.

  5. Capacity planning - Wikipedia

    en.wikipedia.org/wiki/Capacity_planning

    Capacity planning is the process of determining the production capacity needed by an organization to meet changing demands for its products. [1] In the context of capacity planning, design capacity is the maximum amount of work that an organization or individual is capable of completing in a given period.

  6. Factors of production - Wikipedia

    en.wikipedia.org/wiki/Factors_of_production

    In economics, factors of production, resources, or inputs are what is used in the production process to produce output—that is, goods and services. The utilized amounts of the various inputs determine the quantity of output according to the relationship called the production function .

  7. Supply and demand - Wikipedia

    en.wikipedia.org/wiki/Supply_and_demand

    Economists distinguish between the supply curve of an individual firm and the market supply curve. The market supply curve shows the total quantity supplied by all firms, so it is the sum of the quantities supplied by all suppliers at each potential price (that is, the individual firms' supply curves are added horizontally).

  8. Supply (economics) - Wikipedia

    en.wikipedia.org/wiki/Supply_(economics)

    The quantity supplied is for a particular time period (e.g., the tons of steel a firm would supply in a year), but the units and time are often omitted in theoretical presentations. In the goods market , supply is the amount of a product per unit of time that producers are willing to sell at various given prices when all other factors are held ...

  9. Glossary of construction cost estimating - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_construction...

    Quantity is a property that can exist as a magnitude or multitude. For example 1200 mm or 10 each. Quantity surveyor (QS) is a professional working within the construction industry concerned with building costs, in the U.K. and some other areas. A QS employs standard methods of measurement to develop a bill of quantities.