Sentence examples for optimal quality level from inspiring English sources

Act on your findings: Once you understand all of this, you can reach an optimal quality level for a reasonable cost.

They were instructed to rate a QI high on usefulness if it: 1) corresponded with a basic quality level; 2) referred to a higher quality level that would be met only in very good practices; or 3) was associated with an innovative quality level which is exceptional at the moment, but could become the optimal quality level in the near future [ 23].

The valuation premium and discount are influential on several important measure including optimal quality levels, channel profits, and consumer surplus.

Estimating marginal costs of quality can help energy regulators to design more effective incentive mechanisms for network utilities to achieve optimal quality levels and reduce welfare losses due to sub-optimal quality.

However, in the context of imperfect observation of quality, optimal quality levels without error might in some cases be below those levels that would be optimal with full information, that is, some providers accept a small risk of regulatory action, balancing profitability if regulatory action is avoided (a form of moral hazard).

A first potential reason is that a provider's expected revenue is more sensitive to errors at low levels of optimal quality than at high levels due to the chance of regulatory action, that is,.

Optimal quality corresponds to the level such that the two schedules have the same slope (see expression 8).

Therefore, it is essential to understand the comprehensive elements needed for optimal quality management at organisational level.

We develop a profit-maximization model to jointly obtain optimal policies for the product quality level, price and the return policy over time.

Nonetheless, in many specifications, markets become (vertically) differentiated with different levels of optimal quality (and profit) in different market segments (Shaked and Sutton 1982; Sutton 1986).

Until now, the contribution made by service characteristics and the management of continence at both the service and personal levels to attain optimal quality of care for older people with UI has not been addressed.