optimum

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optimum

the best possible outcome within a given set of circumstances. For example, in the theory of CONSUMER EQUILIBRIUM, a consumer with a given income and facing set prices for products will adjust the purchases of these products so as to maximize the utility or satisfaction to be derived from spending his or her limited income. Similarly, in the THEORY OF THE FIRM, a business confronted by a given market price for its product will adjust its output of that product so as to maximize its profits. See also PROFIT MAXIMIZATION, OPTIMIZING, PARETO OPTIMALITY.
References in periodicals archive ?
The purchase of Comergence represents Optimal Blue's first acquisition since GTCR partnered with CEO Scott Happ in June 2016.
GTCR will work with Happ, Sue Baker and Optimal Blue's existing management team.
The agency also believes the organisational changes would not affect Petronas' commitment to Optimal Glycols and Optimal Chemicals.
Those who reached the optimal level on only one risk factor were only two percent less likely to have another stroke than people who did not meet any of the optimal levels.
We also believe that given today's competitive environment, mortgage professionals should demand accuracy from technology providers--and if the vendors cannot guarantee 100 percent accuracy, then it may be time to look to company like Optimal Blue, the gold standard," said Huff.
The two molds were sand blasted, and the coating was applied according to the optimal conditions.
According to Lewontin (1987:157-158), the optimal organism does not exist; since the optimal state always involves a specific set of alternatives, it is never the optimum.
A "designer treatment day" should be planned in your dental practice to allow for optimal dentistry to be rendered.
When applied in other models that t the data about as well, the suggested policies are often far from optimal.
For ETPs the optimal barrel-temperature profile is highly dependent on the extruder design.
PLANO, Texas -- Optimal Blue, award-winning developer of an enterprise level, end-to-end secondary marketing automation platform, today announced PrimeSource Mortgage has selected its platform, citing several factors for the decision, including accuracy, configuration capabilities and overall thought leadership and maturity at the company.
M2 EQUITYBITES-July 6, 2016-GTCR, Scott Happ Form Business, Acquire Optimal Blue Holding