average cost per unit
31Central processing unit — CPU redirects here. For other uses, see CPU (disambiguation). An Intel 80486DX2 CPU from above An Intel 80486DX2 from below …
32Demand response — This article is about the electrical concept. For the transport concept, see Demand responsive transport. A clothes dryer using a demand response switch to reduce peak demand In electricity grids, demand response (DR) is similar to dynamic demand …
33Miles per gallon of gasoline equivalent — (MPGe) is a unit of measurement that relates efficiencies of different systems to the traditional unit of measurement for fuel efficiency (miles per gallon of gasoline).DescriptionMPGe is based on the quantity of heat energy that can be obtained… …
34Renewal theory — is the branch of probability theory that generalizes Poisson processes for arbitrary holding times . Applications include calculating the expected time for a monkey who is randomly tapping at a keyboard to type the word Macbeth and comparing the… …
35Performance per watt — In computing, performance per watt is a measure of the energy efficiency of a particular computer architecture or computer hardware. Literally, it measures the rate of computation that can be delivered by a computer for every watt of power… …
36Economies Of Scale — The increase in efficiency of production as the number of goods being produced increases. Typically, a company that achieves economies of scale lowers the average cost per unit through increased production since fixed costs are shared over an… …
37economies of scale — Achievement of lower average cost per unit through increased production. Bloomberg Financial Dictionary The decrease in the marginal cost of production as a firm s extent of operations expands. Bloomberg Financial Dictionary * * * economies of… …
38Visual display unit — A visual display unit, often called simply a monitor or display, is a piece of electrical equipment which displays images generated from the video output of devices such as computers, without producing a permanent record. A newer monitor… …
39excess capacity — The part of the output of a plant or process that is not currently being utilized but which, if it could be, would reduce the average cost of production. The excess capacity is thus the amount by which the present output must be increased to… …
40Lump of labour fallacy — The lump of labour or lump of jobs fallacy is an argument generally considered to be fallacious that the amount of work available to labourers is fixed. Contending that the amount of work is flexible not static, most economists oppose such… …
