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 ?
Caliskan K and Callon M (2010) Economization, Part 2: A research programme for the study of markets.
The economization of public sphere is concerned with education and labor, but both are devolving for the purposes of increasing national GDP as citizens compete for scarce ends.
The immense connectivity, quantification, and economization of social life through likes, swipes, and followers deepen this dark outlook on the fabric of our realities.
For the purpose of nancial economization it is planned to use nitrogen gas as inert media for MEK units and for tank blanketing.
The 2012 conference echoed this focus on economic interpretations by again reiterating the importance of the development gap and produced the green economy as a new conceptual interpretation of sustainable development, reinforcing a growing economization of the discourse.
Optimization, economization and characterization of cellulase produced by marine Streptomyces ruber.
Emerson Network Power, a business of Emerson and the worlds leading provider of critical infrastructure for information and communications technology systems, today announced that the deployment of the Liebert DSE pumped refrigerant economization system in North America has saved over 1.
The third factor necessitating attention in postmodern culture is the phenomenon of consumerist culture, which is marked for clear individualism, economization of all walks of life, unlimited inflation consumerism, protection of pseudo values, based on the signs represented which become indicators for the organizations of public or private sector, as well as indicators of human usefulness and significance of existence (Bauman 2007: 286, Baudrillard 1998).
According to Krukowska-Miler [4], the quality of healthcare services is dependent on the realization of expectations in areas of accessibility and proportionality in relation to the pro-health needs of the prosumer, social acceptance and the economization of the health service.
Here he points to the "contingent relationships" (71) among such processes as economization, bureaucratization, and democratization, the outcomes of which are both unpredictable and different from one localized context to the next.
And in a similar way as in his first book, The Logic of the Lure, Ricco pursues a series of'scenes' that primarily engage Nancy's theoretical opus as an impetus for aesthetic elaboration, particularly the recurring notion of a queerly 'inoperative community' that balks at economization, membership, or identification.