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  2. BBC Bitesize - Wikipedia

    en.wikipedia.org/wiki/BBC_Bitesize

    GCSE Bitesize was launched in January 1998, covering seven subjects. For each subject, a one- or two-hour long TV programme would be broadcast overnight in the BBC Learning Zone block, and supporting material was available in books and on the BBC website. At the time, only around 9% of UK households had access to the internet at home.

  3. Economies of scale - Wikipedia

    en.wikipedia.org/wiki/Economies_of_scale

    If the inputs are indivisible and complementary, a small scale may be subject to idle times or to the underutilization of the productive capacity of some sub-processes. A higher production scale can make the different production capacities compatible. The reduction in machinery idle times is crucial in the case of a high cost of machinery. [10]

  4. Homeostasis - Wikipedia

    en.wikipedia.org/wiki/Homeostasis

    When the plasma sodium ion concentration is higher than normal (hypernatremia), the release of renin from the juxtaglomerular apparatus is halted, ceasing the production of angiotensin II, and its consequent aldosterone-release into the blood. The kidneys respond by excreting sodium ions into the urine, thereby normalizing the plasma sodium ion ...

  5. Primary production - Wikipedia

    en.wikipedia.org/wiki/Primary_production

    Gross primary production (GPP) is the amount of chemical energy, typically expressed as carbon biomass, that primary producers create in a given length of time.Some fraction of this fixed energy is used by primary producers for cellular respiration and maintenance of existing tissues (i.e., "growth respiration" and "maintenance respiration").

  6. Returns to scale - Wikipedia

    en.wikipedia.org/wiki/Returns_to_scale

    In other words, returns to scale analysis is a long-term theory because a company can only change the scale of production in the long run by changing factors of production, such as building new facilities, investing in new machinery, or improving technology. There are three possible types of returns to scale:

  7. Minimum efficient scale - Wikipedia

    en.wikipedia.org/wiki/Minimum_efficient_scale

    Economies of scale refers to the cost advantage arise from increasing amount of production. Mathematically, it is a situation in which the firm can double its output for less than doubling the cost, which brings cost advantages. Usually, economies of scale can be represented in connection with a cost-production elasticity, Ec. [3]

  8. Supply and demand - Wikipedia

    en.wikipedia.org/wiki/Supply_and_demand

    Supply chain as connected supply and demand curves. In microeconomics, supply and demand is an economic model of price determination in a market.It postulates that, holding all else equal, the unit price for a particular good or other traded item in a perfectly competitive market, will vary until it settles at the market-clearing price, where the quantity demanded equals the quantity supplied ...

  9. Mass production - Wikipedia

    en.wikipedia.org/wiki/Mass_production

    Mass production, also known as flow production, series production, series manufacture, or continuous production, is the production of substantial amounts of standardized products in a constant flow, including and especially on assembly lines. Together with job production and batch production, it is one of the three main production methods. [1]

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