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 ?
Since the regulations contain the same list of MON 810 maize varieties, the Minister of Agriculture and Rural Development will refer them to the Council of Ministers for consideration at the same time.
Some hybrid maize varieties, like the 614, have been in the market since 1940 when it was first developed and should be phased out.
e crop growth without pesticides application, introducing double gene of Bt in cotton seed, introduction of gene to fight weeds, development of wheat varieties having good quantity of iron, zinc and protein, hybrid varieties of Basmati rice, oil seed and vegetables, seedless guava, nine kinds of different costly fruit varieties that can survive hot weather conditions and shortage of water and fertilizers.
Host plant resistance can be affected by many different factors, so it is important to study local and available varieties for resistance to BSFB under local conditions.
The first line is 50-50, with 3 grain-free varieties.
Chairing a meeting of scientists here, Amjad said that the new sugarcane varieties possess high cane yield and sugar recovery potential and a good addition in existing pool of commercial sugarcane varieties in Sindh as well as in the country.
Therefore incorporation of coarse varieties in rice-wheat cropping pattern facilitates the farmers for efficient use of resources.
Plantings for these new varieties are planned for Lima and Ica, although other zones are still under consideration.
The performance of CPF-248 was evaluated at Sugarcane Research Institute, Faisalabad with standard cane varieties SPF-245 and HSF-240.
Retailers should implement a promotional strategy that consistently encourages trial and use of multiple apple varieties.
The typical vineyard in the olden days would have around 70 varieties all planted together," de Almeida explained to me.
There was a time when about 700 varieties of mangoes were available in Malihabad.