Search results for keyword: tradeoff
Summary of pump selection in general mechanical equipment
Pump Selection for General Mechanical Equipment
Modern engineering designs require the correct specification and selection of pumps for the myriad of applications encountered in today’s industries. When selecting pumps for a particular application, the user must understand the pressure and volum......
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Key Technologies and Conceptual Models of Cost-Oriented Design
Technology and Concept Model of Cost-oriented Design
Introduction
Cost-oriented design, commonly referred to as cost engineering, is a method of designing and producing products with a focus on cost reduction, yet without compromising the quality, functionality or reliability of the product. By ......
Concept and application of technical economic analysis
Technology Economic Analysis: Concepts and Applications
Technology economic analysis is a method used to evaluate technological investments and operations with the primary output being information used to make decisions regarding projects or products. Economic analysis methods are used to assess ......
The average economic accuracy of shape and position during processing on various machine tools
Average Economic Precision of Shape and Position when Machining on Various Machine Tools
The advancements in modern machining and the fact that they involve a variety of machines have made machining operations easier in terms of time and accuracy. There are different machine tools used for a vari......
Application of Rare Earth in Steel
Rare Earth in Steel
Introduction
Rare earth elements are used in a variety of industrial applications, and one of the most important is their use in steel production. Steel is one of the most commonly used materials in the modern world and has many important uses in a variety of industries. Rare......
Canadian Venture Exchange
The Canadian Risk-Based Trading Exchange is an industry leading exchange for advanced risk management and trading strategies. Our exchange is the go-to destination for traders looking to trade and manage risk across a variety of different asset classes and strategies. We have developed a robust ex......
Strategy Lattice Model
Strategic Grid Model
The strategic grid model is a framework for analyzing a companys positioning in the market. The model consists of two axes: the Technology axis and the Market axis. The model is used to identify the companys competitive advantage in the market and to craft an appropriate stra......
cost decision
Cost-Benefit Decision
One of the most important decisions any organization must make is how to allocate limited resources in order to achieve the best return on investment. This is known as a cost-benefit decision, where the goal is to maximize the benefit of the business while minimizing or co......
risk reward ratio
The Risk-Return tradeoff
The Risk-Return tradeoff is the relationship between the risk of a financial asset or portfolio and the return (or profit) that an investor can expect. The theory of positive risk-return tradeoff states that the higher the risk involved in investing in a security or port......
management span design
The widening scope and intensity of managerial activities provide an important part of the context in which business decisions are made. In particular, managers must pay attention to the impact their decisions have on the stakeholders of their organization and society as a whole, as well as their ......
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