We also explore the relationship between revenue maximization and efficiency, showing that a revenue maximizing seller will typically employ both higher-than-efficient reservation prices and higher-than-efficient entry fees.
It is shown that maximization of efficiency requires the combustion process to be performed in a part-adiabatic and part-isothermal manner.
This study uses Variable Neighborhood Search VNSS) algorithms, one of the extensively used metaheuristic approaches, to solve the MORAP with two important but conflicting objectives minimization of cost and maximization of efficiency.
I was taught, like almost all MBAs, that the focus of business is profit maximization and efficiency.
The foraging behaviour of honey bees is in agreement with the maximization of efficiency rather than net rate [13], [18].
In this paper we examine four papers on the foraging of bumble bees [2], [5], [6], [8] to see if the observed behaviours are consistent with the maximization of efficiency.
A many-objective optimization problem is formed by considering maximization of thermal efficiency, propulsive efficiency, specific thrust and minimization of thrust-specific fuel consumption of turbojet engine and solved using multi-objective heat transfer search (MOHTS) algorithm.
In the legends of the figures, EEMax (Aware/Ignorant) and SRMax (Aware/Ignorant) denote, respectively, the energy efficiency maximization and sum rate maximization with/without taking hardware-impaired transceivers into account.
We seek to obtain spectrum efficiency maximization (SEM) and energy efficiency maximization (EEM) of CSCN through jointly optimizing sensing time, subchannel allocation, and transmission power.
Many-objective optimization problem is formed by considering maximization of thermal efficiency, power output, ecological function and exergy efficiency.
