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- Dictionaryoptimal/ˈɒptɪml/
adjective
- 1. best or most favourable; optimum: "seeking the optimal solution"
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Apr 28, 2022 · Optimal efficiency is a term used to describe the condition when a production is producing the best it can with what it has at the lowest cost possible. It is achieved in production by taking all ...
Apr 28, 2022 · The socially optimal point of production for a firm in a monopolisticly-competitive industry, or in a monopoly, or in an oligopoly is the point where the average cost curve (ATC) intersects the ...
Apr 26, 2024 · Optimal learning refers to the most effective and efficient way for an individual to acquire and retain new knowledge or skills. This can involve personalized learning approaches, utilizing ...
Jun 11, 2024 · The optimal temperature can vary depending on the specific circumstances, but for most indoor environments and human comfort, a temperature between 68-72 degrees Fahrenheit (20-22 degrees Celsius ...
Apr 28, 2022 · Define optimal efficiency How is optimal efficiency achieved in production? Optimal efficiency is a term used to describe the condition when a production is producing the best it can with what it ...
Sep 26, 2023 · Define optimal efficiency How is optimal efficiency achieved in production? Optimal efficiency is a term used to describe the condition when a production is producing the best it can with what it ...
Apr 28, 2022 · Being below an optimal level of performance. Achieving less than the highest attainable level. Thinking that leads to decisions or solutions that fail to provide optimum results. Wiki User.
Sep 16, 2023 · How do you determine the optimal product mix? Updated: 9/16/2023. Wiki User. ∙ 15y ago. Study now. See answer (1) Best Answer. Copy. Optimal product mix is at that point where net profit from the
Sep 22, 2023 · Optimal course of action refers to when someone chooses the procedure that they feel is best to deal with something. For instance, coming up with a plan for something is a course of action.
Nov 1, 2022 · The optimal level of production in a command economy is determined by the central planners and is consistent with government objectives rather than being a function of consumer desires.
