economize

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economize

vb. to produce:
  1. a given OUTPUT of a product using fewer FACTOR INPUTS than previously;
  2. more output than before from the same amount of factor inputs;
  3. a given output of a product at lower cost than before by substituting cheaper factor inputs for more expensive ones in the production process (the ‘ideal’ or optimum position is attained when the largest possible output is produced from a given volume of factor inputs using available technology);
  4. a given output at the least possible factor cost. See PRODUCTIVITY, EFFICIENCY, ECONOMICS, PRODUCTION POSSIBILITY BOUNDARY.
References in periodicals archive ?
Bulut and Aktacir (2011) further used that data to study the airside economization potential of a typical HVAC system in Istanbul, Turkey, and found the technique to be favorable during the transition months of Fall and Spring.
It must be noted that The Economization of Life is not a light read.
economist Stephen Enke, who shaped family planning policies in the 1960s and 1970s, as a key theorist of the economization of life.
Another factor, valid both for rural and urban cottage schemes, is that there would be the need to drive less from the place of residence to the place of work, leading to economization of fuel and reduction of damage to the environment.
Caliskan K and Callon M (2009) Economization, Part 1 : Shifting attention from the economy towards processes of economization.
This implies the economization of moral values of public education for the end of profitability.
Would "connected industries" - a concept of service economization of the manufacturing sector - be a driving force for service sector growth in Asia?
However, the few studies that exist have identified financial and social capital, as well as migration, water reuse and economization, as important coping resources and strategies.
The "financialization" of the social field is a process that entails the diversification of market relations, the universalization of corporate culture, the creation of human capital, and the economization of the entirety of human relationships.
This exemplifies what I call the "cult of the individual theorist", underplaying the contributions of Callon, Mackenzie, and others to Latour's understanding of economization. Just as, in The pasteurization of France, there is Pasteur the working scientist, and "Pasteur" who gets credit for revolutionizing medicine, there is Latour and "Latour".
The Liebert DSE free cooling system is a pumped refrigerant economization system for data centers that can provide free cooling throughout much of the year in most locations.