variety

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Variety

One of two or more types of the same line of coin. For example, all the pennies made in one year may include a line of 100 with a double die. A variety may affect the value of the coin.

variety

the number of products sold by a firm as part of its PRODUCT RANGE. A firm may make many different products and many variants of each product in order to appeal to most market segments and maximize its potential sales. However, the providing of variety can be expensive if this is associated with short production runs, high stockholding costs, complex production scheduling and high marketing costs. Consequently, firms may aim to eliminate unnecessary variety in products or components by means of variety-reduction programmes and STANDARDIZATION of components.

variety

the number of products sold by a firm as part of its product range. A firm may make many different products and many variants of each product in order to appeal to most MARKET SEGMENTS and maximize its potential sales. Providing variety can be expensive, however, as short production runs increase unit production costs and the promotion of a large number of brands increases marketing costs. Thus, as part of their PRODUCT DIFFERENTIATION policies, firms often need to ‘trade off variety and STANDARDIZATION considerations.
References in periodicals archive ?
These varieties can give 60,000 to 80,000 kilograms per acre yield, he added.
Cardines, who led the NextGen research team, said their 2017-2019 field trials resulted to three emerging varieties in terms of its superior quality and adaptability to most of the region's ecosystem.
Varieties have significant (P<0.01) influenced on average number of eggs of different sucking pests except dusky bugs and white flies at site-II.
Over 70 traditional rice varieties were collected from different municipalities of Ilocos Norte, Ilocos Sur, La Union, and Pangasinan and planted in the experimental farm at INREC, Batac, Ilocos Norte during wet seasons of cropping years 2014-2017.
The varieties are Rc402, Rc438, Rc440, Rc442, Rc480, Rc358, Rc400, Rc436, and Rc27.
This should give local growers confidence that varieties that perform well within the NVT program should also perform well when grown under their own management systems.
'The multiple-variety farming system also poses a problem to postharvest operations [as] farmers who own small landholdings refuse to dry their palay in mechanical dryers with huge capacity because they planted different varieties. Milling is also a problem because different varieties have different grain sizes and formation,' he added.
Pursuant to Article 190 of the IP Law, the Egyptian Legislature created the Protection of Plant Varieties' Office whose function includes processing requests submitted for the protection of plant varieties, including examining those requests and rendering a decision on whether or not to extend protection to the plant.
With Chinese assistance, new varieties of hybrid seeds have enhanced productivity, profitability, and exports.
A spokesman of the department said here on Sunday that certified varieties of paddy includes KS-282, Nayyab ARI 9, ARI 6, KSK 133, KSK 434 and Nayyab 2013 while Basmati varieties include Super basmati, Basmati 515, Basmati 385, Basmati Pak (Karnal Basmati), Kisan basmati, Chenab basmati, Nayyab basmati 2016, Noor basmati.
A spokesman for the Punjab Agriculture Department said here Tuesday that BT cotton varieties include FH-142, IUB-13, MNH-988, CIM-600, IM-598, AGC-999, AGC-777, MNH886, VH305, VH259, Nayyab 878, Sitara 11, BH-178, CIM 602, FH LALAZAR, FH114 and UGC-09.
Speaking to Muscat Daily, Dr Hamoud bin Darwish al Hassani, director general for Agriculture and Animal Research at MoAF said, 'We have registered 374 plant varieties, of which 327 are palm trees, 13 citrus, 25 Omani mango trees, four guava trees, one coconut tree, one pomegranate tree and three banana trees.'