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 ?

Optimum General consists of Optimum Insurance Company Inc.

Members of Optimum General Companies credit ratings upgraded to A from A-

The ratings of the members of Optimum General also reflect the strongest risk-adjusted capitalization, as measured by Best's Capital Adequacy Ratio (BCAR), with scores at the 99.6% level, somewhat offset by elevated underwriting leverage measures.

AM Best Upgrades Credit Ratings of Members of Optimum General Companies

People join Optimum and stay - not only because we like to nurture our internal talent and support people's career aspirations through our succession planning initiatives, but because colleagues are invested in our plans for the future and can see the opportunities coming their way.

The story so far; Optimum Credit

SDM's Shoppers Optimum has 11 million members, while Loblaw's grocery store PC Plus program totals 8 million members.

Loblaw, SDM will combine loyalty programs

Ozet: Optimum boylama yontemi, uretilen agaclarin toplam ekonomik degerini artiran optimum boylama kombinasyonlarina karar vermek icin orman iscilerine yardim eder.

A comparative economic evaluation of bucking deciduous trees: A Case study of Oriental beech (Fagus orientalis) stands in Northeastern Turkey

Another element in the Optimum enhancement is a complete redesign of the My Optimum component of the company's website, which, according to Harrington, helps to create that more personalized look and feel envisioned with the elevated loyalty program.

Personalization takes loyalty program to next level

Eskom served a notice on Optimum in July in which it asserted its rights to claim significant historical penalties from Optimum and to impose future penalties.

Glencore initiates rescue proceedings for Optimum in South Africa

Optimum was the first division to be established by Al Amthal in 2000.

iTECH showcase for Optimum

The Optiltame collar increases the Magnum Optimum's unit height in increments of 105mm, meaning it can be configured to match the height of products being distributed.

Schoeller allibert optimises RTP

Later 31 wards in the city were divided into three groups on basis of varying fluoride concentration in drinking water, 'below optimum level' 9 wards, 'optimum level' 13 wards, 'above optimum level' 9 wards.

Prevalence of dental fluorosis in school children of Jodhpur City

These soybeans would contain Pioneer's proprietary Optimum GAT trait and, through Monsanto's royalty-bearing license agreement, the Roundup Ready trait.

DuPont files an answer and counterclaims to a recent Monsanto Company lawsuit that seeks to acquire new soybean lines from DuPont business Pioneer-Hi Bred