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 ?
In addition, Optima integrates Industry 4.0 technology including "TCAM" and "OPAL".
Under the terms of the agreement, each share of Optima common stock will be exchanged for either 0.3468 shares of Cambridge common stock, or USD 32.00 in cash, which will result in an aggregate stock/cash consideration mix of 95%/5%.
The OPTIMA ImmuFill consists largely of aluminum components and is a less expensive option than stainless steel.
With the combination of our expertise and SAP's industry-leading solutions, we feel confident our customers will gain tremendous insights from this event and our presentation," said Shaney Salomon, CEO of Optima ECM Consulting.
The partnership between Al Benaa Real Estate Investment Company and Spanish operator Optima Middle East Facility Management is said to help growth of both companies.
The new Rubia Optima engine oils allow TOTAL to fully meet and even surpass the new CK-4 and FA-4 specifications.
In Europe, two thirds of all sales in the D-segment, and three quarters of all fleet sales in this class are made up of estate models, so the Optima Sportswagon will play a critical role in attracting new private and corporate buyers to the brand.
The company's ongoing Phase III global pivotal, double-blind, placebo-controlled OPTIMA trial is evaluating ThermoDox, its proprietary heat-activated liposomal encapsulation of doxorubicin, in combination with radiofrequency ablation standardised to 45 minutes (sRFA) versus sRFA alone to treat primary liver cancer.
The Optima has been Kia's top-selling vehicle in America for three consecutive years and the all-new model is poised to continue that success.
The 2014 Optima Hybrid builds upon the advancements of its award-winning gas-powered sibling, which went on sale late-fall of last year.
(KCI)unveiled the enhanced 2014 Optima Hybrid intermediate sedan as one of two eco-friendly Kia vehicles introduced at the Vancouver Auto Show.
Optima CBF, Optima's new high-performance cartoner is closing the gap between primary and secondary packaging with its seamless line integration.

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