Similarly, the pharmaceutical firm, by spending beyond the profit maximization level, could increase the likelihood of acquiring a customer from 24%to29%9% and extend duration by four months.
As the aim of the article is considering the profit of the chain due to new product development, the proposed model consists of three objectives which are the maximization of total profit, maximization of the satisfaction level of customer demands and maximization of new product production.
Her mother -- to lapse, for a moment, into Ms. Nash's academic jargon -- was always seeking "goal maximization"; her father found his level of "just enough".
The goal in our case was a maximization of the levels of certain proteins.
The proposed method for bi-level GSC has attained its objectives including the maximization of government net income considering the environmental pollution cost, as well as the maximization of supplier and manufacturer income in the second level of the bi-level plan.
The primary tool for understanding firm, consumer or government choices is the maximization paradigm which assumes individuals behave as if they maximize an objective function; such function may represent the level of profits, happiness or social welfare.
And they buy off every level of government so that it does not impede the maximization of their profits.
In microeconomics, the utility maximization problem and its dual problem, the expenditure minimization problem for a given level of utility, are economic optimization problems.
Firm performance (FP) refers to level of achievement of business organization toward its goal of business organization: profit maximization.
The relative level of hospital productivity was indicated by the DEA efficiency score, which ranges from 0 to 100, with, for a given set of inputs, 0 meaning no output and 100 meaning the maximization of output.
